Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2012 Dec. 31, 2011 Accounts receivable $19,300 $18,100 Inventory 58,100 58,800 Accounts payable 19,400 19,000 Dividends payable 18,000 17,000 Adjust net income of 577,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities