Changes in Current Operating Assets and Liabilities-Indirect 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 $17,500 Inventory Accounts payable Dividends payable Adjust net income of $116,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $22,100 62,000 13,500 26,000 68,800 16,200 28,000