Empire Company Uses the Indirect Method to Prepare Its Statement

Empire Company uses the indirect method to prepare its statement of cash flows. The following information has been gathered for the current period: $\begin{array}{|l|r|}\hline \text { Gain on sale of land } & \$ 1,500,000 \\\hline \text { Profit for the year } & \$ 30,900,000 \\\hline \text { Depreciation expense } & \$ 6,800,000 \\\hline \text { Cash received from sale of land } & \$ 7,000,000 \\\hline \text { Decrease in accounts receivable } & \$ 1,700,000 \\\hline \text { Increase in inventory } & \$ 2,200,000 \\\hline \text { Decrease in accounts payable } & \$ 2,900,000 \\\hline \text { Dividend paid } & \$ 8,800,000\\\hline\end{array}$ Solely on the basis of the above information, Empire's net cash from operating activities is:

A) $33,800,000.
B) $42,800,000.
C) $35,500,000.
D) $34,300,000.