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 $27,100 $26,100 Inventory 72,000 72,700 Accounts payable 11,000 Dividends payable 20,000 21,000 Adjust net income of $95,600 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. 9,800