=+Watson Corporation’s comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2010 Dec. 31, 2009 Accounts receivable $30,000 $24,000 Inventory 58,000 49,500 Accounts payable 46,000 34,500 Dividends payable 14,000 18,000 Adjust net income of $320,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.