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, 20Y2Dec.

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, 20Y2Dec. 31, 20Y1

Accounts receivable$24,400$24,200

Inventory72,90073,600

Accounts payable21,90020,300

Dividends payable25,00027,000

Adjust net income of $124,700 for changes in operating assets and liabilities to arrive at netcash flow from operating activities.

Answer: $

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