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, 2011 Accounts receivable $19,400 $18,600 Inventory 66,600 67,300 Accounts payable 20,100 19,100 Dividends payable 26,000 24,000 Adjust net income of $111,200 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.