Accounts receivable from sales transactions were $46,306 at the beginning of the year and $68,764 at the end of the year. Net income reported on the income statement for the year was $103,721. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is

a.$126,179

b.$22,458

c.$81,263

d.$103,721