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Calculator The net income reported on the income statement for the current year was $298,229. Depreciation recorded on fixed assets and amortization of patents for

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Calculator The net income reported on the income statement for the current year was $298,229. Depreciation recorded on fixed assets and amortization of patents for the year were $43,363 and $9,734, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: End Beginning Cash $51,246 $36,957 Accounts Receivable 126,532 106,503 Inventories 109,707 88,068 Prepaid Expenses 2,904 8,978 Accounts Payable (merchandise creditors) 50,685 69,822 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the Indirect method? a $283,556 Ob. $296,595 c. $309,658 d. $374,927 Net

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