Hogan Company had the following account balances for 2013:

Dec. 31	Jan. 1
Accounts receivable	$43,000	$33,000
Accounts payable	64,000	53,500
Prepaid insurance	18,500	10,000

Hogan reported net income of $370,000 for 2013. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2013 reported in the statement of cash flows?

A) $341,000.

B) $379,000.

C) $362,000.

D) $351,000.