Changes in Current Operating Assets and LiabilitiesIndirect Method

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

	Dec. 31, 2014		Dec. 31, 2013
Accounts receivable	$18,200		$21,700
Inventory	92,500		79,700
Accounts payable	15,700		12,900
Dividends payable	24,000		26,000

Adjust net income of $117,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.