The net income reported on the income statement for the current year was $287,454. Depreciation recorded on fixed assets and amortization of patents for the year were $34,349 and $9,959, 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	$52,113	$36,372
Accounts Receivable	121,280	108,663
Inventories	107,683	81,943
Prepaid Expenses	4,068	8,885
Accounts Payable (merchandise creditors)	50,831	66,195

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

a.$282,858

b.$263,784

c.$338,820

d.$293,405