The net income reported on the income statement for the current year was $2750

The net income reported on the income statement for the current year was $275000. Depreciation recorded on fixed assets and amortization of patents for the
year were $40000 and $9000 respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:
Cash end $50000 Beginning $60000 Accounts receivable end 112000 beg 108000 inventories end 105000 beg 93000 prepaid expenses 4500 beg 6500 accounts
payable (merchandise creditors) end 75000 beg 89000 What is the amount of cash flows from operating activities reported on the statement of cash flows
prepared by the indirect method? A $198000 B $324000 C 352000 D $296000