Changes in Current Operating Assets and LiabilitiesIndirect Method

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

Dec. 31, 20Y2Dec. 31, 20Y1Accounts receivable$26,000 $25,200 Inventory53,200 53,900 Accounts payable13,100 11,700 Dividends payable22,000 21,000

Adjust net income of $96,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.