A company had net income of $273,069. Depreciation expense was $25,411. During the year, accounts receivable and merchandise inventory increased by $17,665 and $31,511, respectively. Prepaid expenses and accounts payable decreased by $1,529 and $5,360, respectively. There was also a loss on the sale of equipment of $4,754. How much was the net cash flows from operating activities on the statement of cash flows using the indirect method?

a.$240,719

b.$303,234

c.$250,227

d.$293,219