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, Year 2 Dec. 31, Year 1 Accounts receivable $20,100 Inventory $24,500 65,900 23,300 23,000 73,100 18,400 25,000 Accounts payable Dividends payable Adjust net income of $ 106,100 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $ 100,400 x