The net income reported on the income statement for the current year was $317,014. Depreciation recorded on fixed assets and amortization of patents for the year were $39,526 and $8,674, 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	$46,900	$63,037
Accounts Receivable	122,306	109,073
Inventories	104,411	89,698
Prepaid Expenses	2,160	7,201
Accounts Payable (merchandise creditors)	45,012	68,004

What is the amount of net cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?

a.$411,111

b.$240,265

c.$393,763

d.$319,317