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 Accounts receivable $20,500 Inventory 68,600 Accounts payable 11,000 Dividends payable 25,000 Dec. 31, 201 $20,000 69,300 9,200 23,000 Adjust net income of $103,600 for changes in operating assets and liabilities to arrive at net cash flow from operating activities