Content Area Accounts receivable from sales transactions were $48,482 at the beginning of the year and $69,921 at the end of the year. Net income reported on the income statement for the year was $145,384. 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 a. $166,823 b. $21,439 c. $123,945 d. $145,384