The net income reported on the income statement for the current year was $273,755. Depreciation recorded on fixed assets and amortization of patents for the year were $30,927 and $9,942, 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	$69,967	$36,803
Accounts Receivable	127,144	105,836
Inventories	108,111	81,698
Prepaid Expenses	2,076	6,173
Accounts Payable (merchandise creditors)	53,094	78,970

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

a.$339,492

b.$266,903

c.$246,871

d.$245,124