22. The statement of income and expenses of a company shows a net loss of $ 120,000. There are only three adjustment items for the indirect method: (1) depreciation expense $ 50,000; (2) loss on sale of fixed assets $ 80,000 and (3) increase in unearned income (unearned Revenue) $ 90,000. The cash generated (inflow) or used (outflow) by operating activities was:

a. $ 340,000 net inflow

b. $ 100,000 net inflow

c. $ 80,000 net outflow

d. $ 60,000 net outflow