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A company had net income of $255,629. Depreciation expense was $25,472. During the year, accounts receivable and merchandise inventory increased by $14,902 and $36,937, respectively. Prepaid expenses and accounts payable decreased by $1,205 and $4,980, respectively. There was also a loss on the sale of equipment of $5,729. How much was the net cash flows from operating activities on the statement of cash flows using the indirect method?

a. $219,758

b. $286,830

c. $268,570

d. $231,216