The net income reported on the income statement for the current year was $271,992. Depreciation recorded on fixed assets and amortization of patents for the year were $40,454 and $11,404, 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 net cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? a. $192.050 b. $374.742 c. $351,934 d. $272.958