The following data are available for Bill Mack Corporation.

Net income $200,000 Depreciation expense 40,000 Dividends paid 60,000 Gain on sale of land 10,000 Decrease in accounts receivable 20,000 Decrease in accounts payable 30,000 Net cash provided by operating activities is:

(a) $160,000.

(c) $240,000.

(b) $220,000.

(d) $280,000.