Changes in Current Operating Assets and Liabilities,Indirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Accounts receivable Inventory Dec. 31, Year 2 Dec. 31, Year 1 $14,900 $17,700 59,300 52,500 15,900 19,100 16,000 15,000 Accounts payable Dividends payable Adjust net income of $70,100 for changes in operating assets and liabilities to arrive at net cash flow from operating activities