23. The net income reported on the income statement for the current year was $277,175. Depreciation recorded on fixed assets and amortization of patents for the year were $43,508 and $10,464, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:

	End	Beginning
Cash	$42,864	$62,638
Accounts receivable	120,187	109,988
Inventories	103,948	93,278
Prepaid expenses	2,527	8,976
Accounts payable (merchandise creditors)	49,815	79,805

What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?