Mohammed corporations comparative balance sheet 30,300

Changes in Current Operating Assets and Liabilities-Indirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $25,900 Inventory Accounts payable Dividends payable $30,300 45,500 22,700 22,000 51,100 28,700 21,000 Adjust net income of $97,200 for changes in operating assets and liabilities to arrive at net cash flow from operating activities