The following data, relates to manufacturing company for the year 2006-07 .Net Profit as per P u0026 L A/c”Rs. 2,40,000; Depreciation ”Rs. 80,000; Goodwill written-off ”Rs. 40,000, Profit on Sale of Fixed Assets. Rs. 16,000, Proposed Dividend Rs. 96,000. The fund from operation would be :

• A. Rs. 4,40,000
• B. Rs. 4,00,000
• C. Rs. 6,40,000
• D. None of the above