Changes in Current Operating Assets and Liabilities-Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 2011 Accounts receivable $19,400 $19,200 Inventory 76,700 77,400 Accounts payable 25,900 24,800 Dividends payable 20,000 19,000 Adjust net income of $84,600 for changes in operating assets and liabilities to arrive at net cash flow from operating activities