Minbari, Inc. shows the following information on its Y2019 income statement: Sales = $480,000; Cost of goods sold = $200,000; Depreciation expense = $30,000; Interest expense = $50,000; Tax rate = 20%; Dividends = $30,000. The firm issued $20,000 in new equity, and used the amount to redeem $20,000 in outstanding long-term debt.

What is the Y2019 operating cash flow (OCF) of Minbari, Inc.?

a. $230,000.

b. $240,000.

c. $250,000.

d. $260,000.