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 $21,300 $18,200 Inventory 68,400 79,500 Accounts payable 9,300 10,900 Dividends payable 18,000 17,000 Adjust net income of $79,400 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows