Changes in Current Operating Assets and LiabilitiesIndirect Method

Covington Corporation's comparative balance sheet for current assets and liabilities was as follows:

	Dec. 31, 2014		Dec. 31, 2013
Accounts receivable	$17,200		$15,100
Inventory	57,600		68,600
Accounts payable	9,100		10,800
Dividends payable	17,000		19,000

Adjust net income of $86,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.