The net income reported on the income statement for the current year was $319,109. Depreciation recorded on fixed assets and amortization of patents for the year were $42,320, and $9,704, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: End Cash Beginning $69,121 $42,240 Accounts receivable 121,545 105,640 Inventories 101,630 84,166 Prepaid expenses 4,206 7,250 Accounts payable (merchandise creditors) 46,939 66,186 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? Oa. $420,705 Ob. $236,921 Oc. $321,561 Od. 401,297