Changes in Current Operating Assets and Liabilities Victor Corporation's comparative balance sheet for current...

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Accounting

Changes in Current Operating Assets and Liabilities
Victor Corporation's comparative balance sheet for current assets and liabilities was as follows:
Dec. 31, Year 2 Dec. 31, Year 1
Accounts receivable $20,600 $25,800
Inventory 76,50067,100
Accounts payable 14,80012,200
Dividends payable 30,00028,000
Adjust net income of $128,100 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.
$fill in the blank 1

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