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, 20Y1 Dec. 31, 2012 $22,100 Accounts receivable $21,300 Inventory 73,700 73,000 17,200 Accounts payable 16,700 Dividends payable 20,000 19,000 Adjust net income of $87,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities