Extract from Balance Sheet & Profit/Loss Statement (year end 30 June) 2020 2019 Dividend receivable 5,200 4,400 Land 140,000 100,000 Buildings 1,200,000 500,000 -Accumulated depreciation (200,000) (150,000) Machinery 45,000 38,000 -Accumulated depreciation (13,100) (7,200) Asset revaluation surplus 28,000 0 (land) - . Additional information: Dividend revenue for the year was $3,500. Depreciation expense on machinery for the year $7,500 Land was revalued at the end of the year. This resulted in an after tax (rate = 30%) increase in asset revaluation surplus. Buildings were purchased on 29 June 2020. This was paid for by issuing $200,000 worth of shares and the balance paid in cash. Machinery with a cost of $8 000 was sold for cash during the year. A gain on sale of $4,000 was recorded. New machinery was purchased for cash. Required: Calculate net cash used in investing activities (assume the company shows dividends received in investing activities)