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, 20Y2 Dec. 31, 20Y1 Accounts receivable Inventory Accounts payable Dividends payable $22,200 $20,900 76,400 77,100 10,800 9,800 26,000 24,000 Adjust net income of $109,600 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.