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 Accounts receivable $28,400 $28,200 Inventory 51,200 51,900 Accounts payable 12,000 10,400 Dividends payable 23,000 22,000 Adjust net income of $102,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

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 $102,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities