20-22. Jack Company had a number of cash transactions this year. It paid $96,000 of dividends ($120,000 were declared), collected $720,000 from customers, paid $360,000 to suppliers, paid $95,000 to employees, borrowed $400,000 on a bank loan, purchased buildings for $50,000, sold land for $84,000 and paid taxes of $50,000. On a statement of cash flows, what is the net amount of cash to be reported as operating activities? Question 21 1 pts Use the information for question # 20. On a statement of cash flows, what is the net amount of cash to be reported as investing activities