Changes in Current Operating Assets and LiabilitiesIndirect Method

Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows:

	Dec. 31, Year 2		Dec. 31, Year 1
Accounts receivable	$17,800		$22,300
Inventory	91,000		79,800
Accounts payable	13,600		16,600
Dividends payable	18,000		20,000

Adjust net income of $89,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.