Scout Corporation has revenue of $500,000 and operating expenses of $100,000. If depreciation was $30,000 and all Scout receives all income and pays all expenses with cash at the time of the transactions, net income and cash flow from operation will be ________ and ________ respectively.

a.		$500,000 and $400,000
b.		$400,000 and $370,000
c.		$400,000 and $430,000
d.		$500,000 and $530,000