Janey LtdReported the Following for 2011 The Net Cash Flow Is:
A)$380,000
B)$375,000
C)$350,000
D)$345,000

Multiple Choice

Janey Ltd.reported the following for 2011: $\begin{array} { cc }\text { Income Statement }&\text { Additional data }\\\begin{array}{lr}\text { Sales } & \$750,000 \\\text { Cost of sales } & 300,000 \\\text { Gross profit } & 450,000 \\\text { Cash operating expenses } & 750,000 \\\text { Amortization } & 25,000 \\\text { Loss on sale of land } &{15,000} \\\text { Net income } & \underline{\$ 335,000}\end{array}&\begin{array}{lr}\text { Dividends paid } & \$ 5,000 \\\text { Decrease in accounts payable } & 25,000 \\\text { Sale of land } & 100,000 \\\text { Increase in inventory } & 40,000 \\\text { Decrease in accounts receivable } & 15,000\end{array}\\\end{array}$
The net cash flow is:

A) $380,000
B) $375,000
C) $350,000
D) $345,000