Accounts receivable from sales transactions were $48,519 at the beginning of the year and $61,607 at the end of the year. Net income reported on the income statement for the year was $148,144. 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 would be a. $135,056 b. $13,088 c. $161,232 d. $148,144