Changes in Current Operating Assets and Liabilities-Indirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec 31, 2012 Dec. 31, 2011 Accounts receivable $26,800 $25,900 Inventory 59,500 60,200 Accounts payable 18,700 18,300 Dividends payable 21,000 20,000 Adjust net income of $89,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities