A company had net income of $249,260. Depreciation expense was $20,445. During the year, accounts receivable and inventory increased by $14,721 and $34,066, respectively. Prepaid expenses and accounts payable decreased by $2,956 and $6,791, respectively. There was also a loss on the sale of equipment of $7,585. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method?

a. $261,780 b. $224,668 c. $209,498 d. $277,290