eBook Show Me How Calculator Print Item Changes in Current Operating Assets and Liabilities --Indirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $22,800 $27,100 Inventory 78,100 68,500 Accounts payable 10,000 11,600 Dividends payable 24,000 25,000 Adjust net income of $114,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities