Phelps Corporations comparative balance sheet for current assets and liabilities was as follows: Dec. 31 2013 Dec. 31 2012Accounts receivable $22500 $27000Inventory 15000 12900Accounts payable 13500 11850Dividends payable 41250 44250Adjust net income of $138000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.