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Alpenrose corporation comparative balance sheet for current assets and liabilities was as follows: Dec 31, 2016. Dec 31, 2015 Accounts receivable. $27,000. 32,400 Inventory. 18,000.

Alpenrose corporation comparative balance sheet for current assets and liabilities was as follows: Dec 31, 2016. Dec 31, 2015

Accounts receivable. $27,000. 32,400

Inventory. 18,000. 15,480

Accounts payable. 16,200. 14,220

Dividends payable. 49,500. 53,100

Adjust net income of $207,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities

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