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DOG * * D The net income reported on the income statement for the current year was $287,370. Depreciation recorded on fixed assets and amortization

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DOG * * D The net income reported on the income statement for the current year was $287,370. Depreciation recorded on fixed assets and amortization of patents for the year were $30,767 and $8,261, 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 $45,406 $56,011 Accounts Receivable 126,395 102,999 Inventories 105,081 92,759 Prepaid Expenses 3,360 6,444 Accounts Payable (merchandise creditors) 53,319 63,873 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? Oa. $351,110 Ob. $290,974 Oc. $290,680 Od. $283,210

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