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the net income reported on the income statement for the current year was $284,196. Depreciation recorded on fixed assets and amortisation of the Panthers for

the net income reported on the income statement for the current year was $284,196. Depreciation recorded on fixed assets and amortisation of the Panthers for the year was $32,067 and $9,061 respectively. Balances of current assets and current liability Accounts at the end and at the beginning of the year or as follows

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The net income reported on the income statement for the current year was $284,190. Depreciation recorded on sets and amortation of patents for the year were $12,007 and $9,061, respectively. Balance of current asset and current liability accounts at the end and at the beginning of the year are as follows: End Beginning Accounts Receivable Inventories 501,01 $36,192 126,017 107,740 103,358 92,792 3,7116 ,046 46,997 72,301 Prepaid Expenses Accounts Payable (merchandise creditors) What is the amount of cash flows from operating activities reported on the Matement of cash flows prepared by the Indirect method Da $272,012 Ob. $209,538 c. $295,81 Od. $361,274

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