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Accounts receivable from sales transactions were $49,301 at the beginning of the year and $66,962...

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Accounting

Accounts receivable from sales transactions were $49,301 at the beginning of the year and $66,962 at the end of the year. Net income reported on the income statement for the year was $111,477. Exclusive of the effect of other adjustments, the net cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is
a. $17,661
b. $93,816
c. $129,138
d. $111,477
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