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	$14,800		$13,700
Inventory	53,700		54,400
Accounts payable	28,900		27,300
Dividends payable	30,000		28,000

Adjust net income of $128,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.