changes in Current Operating Assets and Liabilities-Indirect Method Victor Corporation's comparative balance sheet for current assets and fiabilities was as follows Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable Inventory Accounts payable Dividends payable $18,300 88,800 35,600 27,000 21,800 80,000 29,400 29,000 Adjust net income of $129.600 for changes in operating assets and liabilities to arrive at net cash daw from operating activities