Question: Changes in Current Operating Assets and LiabilitiesIndirect Method Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2016 Dec.

Changes in Current Operating Assets and LiabilitiesIndirect Method Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, 2016 Dec. 31, 2015

Accounts receivable $18,000 $14,400

Inventory $34,800 $29,700

Accounts payable $27,600 $20,700

Dividends payable $8,400 $10,800

Adjust net income of $160,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

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