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	$27,500		$27,000
Inventory	65,800		66,500
Accounts payable	27,500		27,100
Dividends payable	18,000		17,000

Adjust net income of $75,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

Thanks!