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 $32,000 $27,100 Inventory 44,900 50,500 Accounts payable 22,000 27,500 Dividends payable 19,000 18,000 Adjust net income of $81,000 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: Adjust net income of $81,000 for changes in operating assets and liabilities to arrive at net cash flows from operating activities. \$