A bullet train leaves Kyoto for Tokyo traveling 240 miles per hour at 12 noon. Ten minutes later, a train leaves Tokyo for Kyoto traveling 160 miles per hour. If Tokyo and Kyoto are 300 miles apart, at what time will the trains pass each other?
(A) 12:40pm
(B) 12:49pm
(C) 12:55pm
(D) 1:00pm
(E) 1:05pm
(A) 12:40pm
(B) 12:49pm
(C) 12:55pm
(D) 1:00pm
(E) 1:05pm