hanges in Current Operating Assets and LiabilitiesIndirect 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	$21,900		$27,700
Inventory	57,900		50,800
Accounts payable	26,200		22,600
Dividends payable	28,000		26,000

Adjust net income of $118,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $