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, Year 2 Dec. 31, Year 1 Accounts receivable $22,000 $18,800 Inventory 44,500 52,300 Accounts payable 24,700 21,500 Dividends payable 17,000 18,000 Adjust net income of $83,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities