The net income reported on the income statement for the current year was $263,771. Depreciation recorded on fixed assets and amortization of patents for the year were $37,532 and $9,651, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: Cash Accounts Receivable Inventories Prepaid Expenses Accounts Payable (merchandise creditors) End Beginning $39,154 $61,361 129,453 109,585 100,268 91,950 3,309 6,333 47,298 64,404 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? Oa. $282,768 Ob. $268,686 c. $342,634 Od. $261,239