(Learning Objective 6: Reporting investing activities on the statement of cash fl ows)

During 20X6, Northern Satellite Systems, Inc., purchased two other companies for $16 million.

Also during 20X6, Northern made capital expenditures of $7 million to expand its market share. During the year, Northern sold its North American operations, receiving cash of

$14 million. Overall, Northern reported a net income of $2 million during 20X6.

Show what Northern would report for cash fl ows from investing activities on its statement of cash fl ows for 20X6. Report a total amount for net cash provided by (used in) investing activities.