Changes in Current Operating Assets and Liabilities-Indirect Method Mohammed Corporation's comparative balance sheet for current assets...

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Changes in Current Operating Assets and Liabilities-Indirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Accounts Dec. 31, Dec. 31, 20Y2 20Y1 $19,900 $19,100 receivable Inventory 53,400 54,100 Accounts 10,800 9,600 payable Dividends 21,000 23,000 payable Adjust net income of $104,400 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. Changes in Current Operating Assets and Liabilities-Indirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Accounts Dec. 31, Dec. 31, 20Y2 20Y1 $19,900 $19,100 receivable Inventory 53,400 54,100 Accounts 10,800 9,600 payable Dividends 21,000 23,000 payable Adjust net income of $104,400 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.