An Analysis of Korman Corporation's Investment in Equity Securities Account $\begin{array} { | l | r | } \hline \text { Debit entries } & \$ 160,000 \\\hline \text { Credit entries } & 240,000 \\\hline\end{array}$

An analysis of Korman Corporation's Investment in Equity Securities account during 2014 disclosed the following:
$\begin{array} { | l | r | } \hline \text { Debit entries } & \$ 160,000 \\\hline \text { Credit entries } & 240,000 \\\hline\end{array}$
Korman 's 2014 income statement included a $40,000 gain on sale of equity securities and $30,000 dividend income from equity securities. All payments and proceeds relating to equity securities transactions were in cash.

-Based solely on the above information and the receipt of dividends is classified as an operating activity, Korman's net cash from investing activities for 2014 is:

A) $80,000 net cash used in investing activities.
B) $80,000 net cash from investing activities.
C) $120,000 net cash from investing activities.
D) $240,000 net cash from investing activities.