A corporation reports the following information for the past year: Net income $300,000 Depreciation expense 10,000 Loss on sale of equipment 20,000 Increase in accounts receivable 30,000 Increase in accounts payable 40,000 Payment of dividends 20,000 Based on the above information, what amount will the corporation report as net cash inflows from operating activities?

Select one: a. $340,000 b. $400,000 c. $300,000 d. $320,000