QUESTION 24 The net income reported on the income statement for the current year was $275,000. Depreciation recorded on fixed assets and amortization of patients for the year were $40,000 and $9.000, respectively, Balances of current asset and current liability accounts at the end and at the beginning of the year areas follows: Cash Accounts receivable Terventories Prepaid expenses Accounts payable (merchandise creditors) End $50,000 112,000 105,000 4,500 75,000 Beginning $60,000 105,000 93.000 6.500 89.000 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method a $198.000 b. 5352,000 c5324,000 d. 5296,000