The net income reported on the income statement for the current year was $287,677. Depreciation recorded on fixed assets and amortization of patents for the year were $40,714 and $8,093, 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 $47,093 129,086 106,701 $62,465 106,512 Accounts Receivable Inventories 85,224 Prepaid Expenses 8,139 4,463 51,896 Accounts Payable (merchandise creditors) 71,046 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? a. $292,433 Ob. $360,407 ) Oc. $276,959 Od. $273,300