The Following Data Are Available for Simpson Corporation Net Cash Provided by Operating Activities Is:
A)$240,000

The following data are available for Simpson Corporation. $\begin{array}{lr}\text { Net income } & \$ 300,000 \\\text { Depreciation expense } & 60,000 \\\text { Dividends paid } & 90,000 \\\text { Gain on sale of land } & 15,000 \\\text { Decrease in accounts receivable } & 30,000 \\\text { Decrease in accounts payable } & 45,000\end{array}$ Net cash provided by operating activities is:

A) $240,000.
B) $330,000.
C) $360,000.
D) $420,000.