Net Cash Flow from Operating Activities for 2015 for Graham

Net cash flow from operating activities for 2015 for Graham Corporation was $330,000. The following items are reported on the financial statements for 2015: $\begin{array}{ll}\text { Depreciation and amortization } & \$ 20,000 \\\text { Cash dividends paid on common stock } & 12,000 \\\text { Increase in accounts receivable } & 24,000\end{array}$ Based only on the information above, Graham's net income for 2015 was:

A) $286,000.
B) $294,000.
C) $326,000.
D) $334,000.

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