Changes in Current Operating Assets and LiabilitiesIndirect Method

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

	Dec. 31, 20Y2		Dec. 31, 20Y1
Accounts receivable	$24,300		$23,100
Inventory	79,200		79,900
Accounts payable	17,500		16,500
Dividends payable	31,000		29,000

Adjust net income of $130,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.