The net income reported on the income statement for the current year was $255,687. Depreciation recorded on fixed assets and amortization of patents for the year were $39,851 and $9,883, 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	$38,913	$61,644
Accounts Receivable	129,545	107,327
Inventories	104,203	94,149
Prepaid Expenses	2,522	8,133
Accounts Payable (merchandise creditors)	45,550	75,618

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

a.$353,264

b.$248,692

c.$273,149

d.$243,394