Changes in current operating assets and liabilities-indirect method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2012 Dec. 31, 20Y1 Accounts receivable Inventory Accounts payable Dividends payable $26,000 $25,600 72,100 72,800 16,500 14,900 19,000 18,000 Adjust net income of $83,600 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.