Question: eBook Show Me HowPrint Item Question Content Area Changes in current operating assets and liabilities indirect method Blue Circle Corporation's comparative balance sheet for current

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Changes in current operating assets and liabilitiesindirect method
Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows:
Line Item Description Dec. 31,20Y2 Dec. 31,20Y1
Accounts receivable $22,700 $21,900
Inventory 74,10074,800
Accounts payable 16,30014,600
Dividends payable 30,00028,000
Adjust net income of $126,300 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.
fill in the blank 1 of 1$

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