PLEASE SHOW FULL ANSWER SHEET

Changes in Current Operating Assets and Liabilities--Indirect Method Blue Circle Corporation's comparative balance sheet for current assets and abilities was as follows: Dec 31, 20Y2 Dec. 31, 2011 Accounts receivable $13,500 $12,800 Inventory 73,400 74,100 Accounts payable 29,900 29,100 Dividends payable 25,000 23,000 Adjust net income of $104,400 for changes in operating assets and liabilities to arrive at net cash flow from operating activities