Overton Company reported sales revenue of $400,000 and total expenses of $360,000 (including depreciation) for the year ended December 31. During the year, accounts receivable decreased by $16,000, merchandise inventory increased by $12,000, accounts payable increased by $8,000, and depreciation expense of $28,000 was recorded. Assuming no other data are needed, the net cash inflow from operating activities for the year was:

Select one:

A. $28,000

B. $80,000

C. $56,000

D. $72,000