The following data are available for Bill Mack ( 1.

0 2) Corporation Net income

\(\$ 200,000\)

Depreciation expense \(\quad 40,000\)

Dividends paid 60,000 Gain on sale of land 10,000 Decrease in accounts receivable \(\quad 20,000\)

Decrease in accounts payable \(\quad 30,000\)

Net cash provided by operating activities is:

(a) \(\$ 160,000\).

(c) \(\$ 240,000\)

(b) \(\$ 220,000\)

(d) \(\$ 280,000\)