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	$25,200		$24,800
Inventory	53,500		54,200
Accounts payable	12,100		11,600
Dividends payable	22,000		24,000

Adjust net income of $108,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $