Fortune Corporation's comparative balance sheet for current assets and liabilities was as follows: 31, Year 2Dec.

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

Dec. 31, Year 2Dec. 31, Year 1Accounts receivable$7,500      $5,200      Inventory11,500      16,000      Accounts payable4,300      5,200      Dividends payable4,000      3,000      Adjust Year 2 net income of $65,000 for changes in operating assets and liabilities to arrive at cash flows from operating activities using the indirect method.