The net income reported on the income statement for the current year was $274,645. Depreciation recorded on fixed assets and amortization of patents for the year were $43,715 and $10,312, 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 $47,727 $61,983 Accounts Receivable 120,772 104,519 Inventories 106,615 89,782 Prepaid Expenses 2,791 7,988 Accounts Payable (merchandise creditors) 48,086 69,356 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? Oa. $257,992 Ob. $279,513 Oc. $295,586 Od. $354,559