Alpenrose Corporations comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, 2016 Dec. 31, 2015

Accounts receivable $25,790 $33,070

Inventory 18,440 16,240

Accounts payable 16,690 14,770

Dividends payable 47,590 52,190

*Adjust net income of $207,590 for changes in operating assets and liabilities to arrive at net cash flow from operating activities . Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.

Amount Descriptions

Cash paid for dividends
Decrease in accounts payable
Decrease in accounts receivable
Decrease in dividends payable
Decrease in inventory
Increase in accounts payable
Increase in accounts receivable
Increase in dividends payable
Increase in inventory
Net cash flow from operating activities

Adjust net income of $207,590 for changes in operating assets and liabilities to arrive at net cash flow from operating activities

The section of the statement of cash flows that reports the cash transactions affecting the determination of net income.

. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.

Reconcition of Net Income

1	Net income
2	Adjustments to reconcile net income to net cash flow from operating activities:
3	Changes in current operating assets and liabilities:
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