The net income reported on the income statement for the current year was $305,200. Depreciation recorded on the building and equipment for the year was $50,300 and $15,300, respectively.

Balances of current asset and current liability accounts at the end and beginning of the year are as follows:

End Beginning Cash $60,100 $80,300 Accounts receivable 132,200 128,300 Inventories 110,200 98,100 Prepaid expenses 7,700 9,700 Accounts payable (merchandise creditors) 70,100 85,100 What amount of cash flows from (used for) operating activities is reported on the statement of cash flows prepared using the indirect method? a.$337,900 b.$399,900 c.$305,600 d.$341,800