The net income reported on the income statement for the current year was $320,571. Depreciation recorded on fixed assets and amortization of patents for the year were $44,454, and $10,409, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:

EndBeginningCash$41,720$51,364Accounts receivable103,560125,535Inventories95,939106,896Prepaid expenses6,3583,596Accounts payable (merchandise creditors)73,92648,040

What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?

a.$313,854

b.$408,366

c.$335,768

d.$332,677