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, 2012 Dec. 31, 2011 Accounts receivable $15,000 $14,300 Inventory 59,500 60,200 Accounts payable 15,300 13,900 Dividends payable 18,000 17,000 Adjust net income of $77,100 for changes in operating assets and liabilities to arrive at net cash flow from operating activities