Accounts receivable from sales transactions were $47,202 at the beginning of the year and $61,351 at the end of the year. Net income reported on the income statement for the year was $123,560. Exclusive of the effect of other adjustments, the net cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is O a $14,149 O b. $109,411 O c. $137,709 Od $123,560

Accounts recelvable from sales transactions were $47,202 at the beginning of the year and $61,351 at the end of the year. Net income reported on the income statement for the yoar was $123,560. Exclusive of the effect of other adjustments, the net cash flows from operating octivities to be reported on the statement of cash flows prepared by the indirect method is 4. 314,149 b. 5109.411 c. 5137,709 d. 5123560