eBook Show Me How Changes in Current Operating Assets and Uabilities--Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 2011 Accounts receivable $29,300 $28,100 Inventory 70,400 71,100 Accounts payable 26,900 25,900 Dividends payable 20,000 21,000 Adjust net income of $93,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities