Adjusting Net Income for Changes in Current Assets and Current Liabilities Brady Company reported net income of $30,000 for 20-2. The December 31 balances of the current assets and current liabilities are shown. 20-2 20-1 Accounts Receivable $6,000 $3,000 Merchandise Inventory 30,000 34,000 Accounts Payable 16,000 18,000 Wages Payable 5,000 10,000 Compute cash provided by operating activities