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Brief Exercise 11-8 Calculate net cash flows from investing activities (LO11-4) Creative Sound Systems sold investments, land, and its own common stock for $30.0 million,

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Brief Exercise 11-8 Calculate net cash flows from investing activities (LO11-4) Creative Sound Systems sold investments, land, and its own common stock for $30.0 million, $15.0 million, and $40.0 million respectively, Creative Sound Systems also purchased treasury stock, equipment, and a patent for $210 million, $250 million, and $120 million, respectively What amount should the company report as net cash flows from investing activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (t.e., $10,100,000 should be entered as 10.1).) CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from investing activities Sale of investments Sale of land Purchase a patent Purchase equipment Net cash flows from investing activities 0.0

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