A company had net income of $247,419. Depreciation expense was $29,796. During the year, accounts receivable and merchandise inventory increased by $17,820 and $34,240, respectively. Prepaid expenses and accounts payable decreased by $1,040 and $6,170, respectively. There was also a loss on the sale of equipment of $5,756. How much was the net cash flows from operating activities on the statement of cash flows using the indirect method? a. $271,681 b. $225,781 c. $282,971 Od. $214,269