Zwilling Corporation's comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, Year 2 Dec. 31, Year 1

Accounts receivable......................$35,000..................$39,500

Inventory....................................22,500....................18,450

Accounts payable..........................18,500....................16,300

Dividends payable........................43,200....................53,100

Adjust net income of $320,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.