Ally CoReported the Following for 2011 The Net Cash Flow from Operating Activities Was:
A)$365,000
B)$300,000

Ally Co.reported the following for 2011: $\begin{array} { cc }\text { Income Statement }&\text { Additional data }\\\begin{array}{lr}\text { Sales } & \$ 800,000 \\\text { Cost of sales } & 400,000 \\\text { Gross profit } & 400,000 \\\text { Cash operating expenses } & 100,000 \\\text { Amortization } & 40,000 \\\text { Loss on sale of land } &{20,000} \\\text { Net income } & \underline{\$ 240,000}\end{array}&\begin{array}{lr}\text { Dividends paid } & \$ 18,000 \\\text { Decrease in accounts payable } & 30,000 \\\text { Sale of land } & 40,000 \\\text { Increase in inventory } & 40,000 \\\text { Decrease in accounts receivable } & 5,000\end{array}\\\end{array}$
The net cash flow from operating activities was:

A) $365,000
B) $300,000
C) $235,000
D) $240,000