The net income reported on the income statement for the current year was $262,074. Depreciation recorded on fixed assets and amortization of patents for the year were $36,563 and $9,496, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? a. $260,160 b. $244,482 c. $245,365 d. $327,467