Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $16,700 $19,400 Inventory 87,600 76,200 Accounts payable 23,400 Dividends payable 16,000 20,200 17,000 Adjust net income of $78,600 for changes in operating assets and liabilities to arrive at net cash flows from operating activities. x Feedback Check My Work Once you have calculated the changes in the current operating assets and liabilities determine what impact those changes would have on can accounts receivable has increased from last year to this year does that mean the company has collected more cash or less cash? If accounts decreased does that mean the company has more cash or less cash?