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The net income reported on the income statement for the current year was $260,264 Depreciation recorded on fixed assets and amortization of patents for the

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The net income reported on the income statement for the current year was $260,264 Depreciation recorded on fixed assets and amortization of patents for the year were $37,492 and $11,336, 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 $42,239 $63,492 Accounts Receivable 129,127 108,389 Inventories 109,771 89,390 Prepaid Expenses 3,411 8,229 Accounts Payable (merchandise creditors) 51,960 74,486 What is the amount of the net cash flows from operating activities reported on the statement of cash flows prepared by the Indirect method? O $250.267 Ob $267.975 Oc. 5242.013 Od. 336.795

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