Changes in current operating assets and liabilities$-$indirect methodCovington Corporation's comparative balance sheet for current assets and liabilities was as follows:Accounts receivableDec. $31,20$Y$2$$$14,40051,400$Dec. $31,20$Y$1$$$13,60052,100$InventoryAccounts payable$15,10014,400$Dividends payable$18,00017,000$

Adjust net income of $$78,900$ for changes in operating assets and liabilities to arrive at net cash flows from operating activities.