Changes in Current Operating Assets and LiabilitiesIndirect Method

Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows:

	Dec. 31, Year 2	Dec. 31, Year 1
Accounts receivable	$14,900	$14,300
Inventory	$52,300	$53,000
Accounts payable	$29,200	$28,100
Dividends payable	$17,000	$16,000

Adjust net income of $73,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.