Question: Changes in Current Operating Assets and LiabilitiesIndirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2

Changes in Current Operating Assets and LiabilitiesIndirect Method

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, 20Y2 Dec. 31, 20Y1
Accounts receivable $28,200 $27,700
Inventory 68,100 68,800
Accounts payable 28,800 28,600
Dividends payable 21,000 23,000

Adjust net income of $102,800 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $fill in the blank 1

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