Changes in current operating assets and liabilitiesindirect method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 202 Dec. 31, 20V1 Accounts receivable $31,000 $29,800 Inventory 77,900 78,600 Accounts payable 12,900 11,300 Dividends payable 28,000 26,000 Adjust net income of $116,700 for changes in operating assets and liabilities to arrive at net cash flows from operating activities. {|