A Company has net income of $250,000 during 2014. All sales were cash sales and revenues were $1,000,000. Expenses (on an accrual basis) were $750,000. There were no liabilities at the beginning of the year, but accounts payable at the end of the year were $20,000. Depreciation expense for the year was $50,000. The company's cash from operations on its 2014 statement of cash flows was

a) 250,000 b) 280,000 c) 300,000 d) 320,000