Changes in Current Operating Assets and LiabilitiesIndirect Method

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

	Dec. 31, 20Y2		Dec. 31, 20Y1
Accounts receivable	$18,500		$18,300
Inventory	56,500		57,200
Accounts payable	11,400		10,400
Dividends payable	18,000		17,000

Adjust net income of $78,600 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $