The net income reported on the income statement for the current year was $259,760. Depreciation recorded on fixed assets and amortization of patents for the year were $41,395 and $8,130, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: wnac is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? 2. $338,864 b. 5279,319 c. 5244,949 d. $260,930