Question: Changes in Current Operating Assets and LiabilitiesIndirect Method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec.

Changes in Current Operating Assets and LiabilitiesIndirect Method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $24,800 $23,900 Inventory 50,000 50,700 Accounts payable 28,400 27,700 Dividends payable 21,000 22,000

Adjust net income of $98,500 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

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