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, Year 2 Dec. 31, Year 1 Accounts receivable $22,500 $21,500 Inventory 54,600 55,300 Accounts payable 14,600 13,800 Dividends payable 25,000 27,000 Adjust net income of $123,200 for changes in operating assets and liabilities to arrive at net cash flow from operating activities