Changes in Current Operating Assets and Liabilities—Indirect Method

Covington Corporation's comparative balance sheet for current assets and liabilities was as follows:

	Dec. 31, 20Y2		Dec. 31, 20Y1
Accounts receivable	$29,300		$28,100
Inventory	66,100		66,800
Accounts payable	12,200		10,500
Dividends payable	22,000		20,000

Adjust net income of $90,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
$fill in the blank 1