The following amounts were reported for Pacific Corporation at the end of their first year of operations: contributed capital $100,000; sales revenue $400,000; total assets $300,000; $20,000 dividends declared; and total liabilities $160,000. What are total expenses for Pacific Corp.s first year of operations?

A. $400,000.

B. $380,000.

C. $340,000.

D. $60,000.