30.Lane Co., a sole proprietorship, had the following income statement for the current year: Sales $440,000 Cost of Goods Sold 300.000 Gross Profit $140,000 Operating Expenses: Wages Expense $81.000 Depreciation Expense 3.000 Insurance Expense 12.000 96.000 Net Income S 44.000 Additional information follows: End of Beginning Year of Year Accounts Receivable $48.000 $ 42,000 Inventory 60.000 76,000 Prepaid Insurance 6.000 4,000 Accounts Payable 28,000 16,000 Wages Payable 5,000 8,000 The amount of cash generated from operations this year was: A. $30,000 C. $64.000 B. $27,000 D. $58,000