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 $18,800 $18,400 Inventory 67,100 67,800 Accounts payable 31,100 29,400 Dividends payable 30,000 28,000 Adjust net income of $127,200 for changes in operating assets and liabilities to arrive at net cash flow from operating activities