Question 20 1 pts 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? inflow of $65,000 inflow of $115,000 inflow of $215,000 inflow of $465,000 outflow of $63,000