The net income reported on the income statement for the current year was $289,401. Depreciation recorded on fixed assets and amortization of patents for the year were $44,764 and $11,325, 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 $36,131 $58,477 Accounts Receivable 126,754 100,203 Inventories 107,314 90,024 Prepaid Expenses 2,837 6,567 Accounts Payable (merchandise creditors) 51,685 78,706 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? Oa. $278,358 Ob. $385,502 Oc. $275,371 Od. $301,649