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, 20Y2 Dec. 31, 20Y1 Accounts receivable $29,600 $28,800 Inventory 68,500 69,200 Accounts payable 16,900 16,600 Dividends payable 22,000 24,000 Adjust net income of $107,400 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

Changes in Current Operating Assets and Liabilities-indirect Method Blue Cirde Corporation's comparative balance sheet for current assets and liabilities was as follows: Adjust net income of \$107,400 for changes in operating assets and liabilities to arrive at net cash flow from operating activities