Changes in Current Operating Assets and Liabilities-Indirect Method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 $23,800 $23,600 58,000 58,700 12,800 12,300 25,000 27,000 Accounts receivable Inventory Accounts payable Dividends payable Adjust net income of $122,500 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $ 124,000 X

Changes in Current Operating Assets and Liabilities-Indirect Method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Adjust net income of $122,500 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. x