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The net Income reported on the income statement for the current year was $281,114. Depreciation recorded on fixed assets and amortization of patents for the

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The net Income reported on the income statement for the current year was $281,114. Depreciation recorded on fixed assets and amortization of patents for the year were $37,188, and $10,969, 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 $46,342 $67,854 Accounts receivable 129,153 109,752 Inventories 104,779 87,305 Prepaid expenses 2,294 8,998 Accounts payable (merchandise creditors) 49,315 75,975 What is the amount of cash flows from operating activities reported on the statement Oa. 5198,064 Ob. 364.164 Oc. $386.102 Od. $272.440 flows prepared by indirect method? Previous Next a 6:33 PM 6/27/201 2) df ENG o RI

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