The net income reported on the income statement for the current year was $307,440. Depreciation recorded on fixed assets and amortization of patents for the year were $42,422 and $10,477, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method? Select the correct answer. $300,902 $292,665 $402,464 $326,542