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 $16,000 $15,100 49,400 50,100 30,500 29,400 23,000 22,000 Accounts receivable Inventory Accounts payable Dividends payable Adjust net income of $98,200 for changes in operating assets and liabilities to arrive at net cash flows from operating activities. 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 $98,200 for changes in operating assets and liabilities to arrive at net cash flows from operating activities. $x