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, Year 2

Changes in Current Operating Assets and LiabilitiesIndirect Method

Victor Corporation's comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, Year 2 Dec. 31, Year 1
Accounts receivable $10,800 $12,900
Inventory 88,400 78,200
Accounts payable 16,900 14,800
Dividends payable 27,000 29,000

Adjust net income of $129,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $fill in the blank 1

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