A corporation reported the following information for the past year: Net Income 300,000 Depreciation expense 20,000 Gain on sale of truck 5,000 Decrease in Accounts Receivables 12,000 Decrease in accounts Payable 8,000 Increase in prepaid insurance 2,500 Increase in Inventory 8,000 Assuming these are the only facts, what amount will the corporation report as the Net Cash Provided by Operating Activities on the cash flow statement? 309500 316500 308500 301500