accounts recievable	year 1: 29,900	year 2: 29400
inventory	54700	55400
accounts payable	17100	16300
Dividends payable	28000	26000

Changes in Current Operating Assets and LiabilitiesIndirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $29,900 $29,400 Inventory 54,700 55,400 Accounts payable 17,100 16,300 Dividends payable 28,000 26,000

Adjust net income of $117,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.