Creative Sound Systems sold investments, land, and its own common stock for $40 million, $16 million, and $42 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $22 million, $26 million, and $13 million, respectively. What amount should the company report as net cash flows from financing activities?

a. $37 million cash inflow.

b. $20 million cash inflow.

c. $17 million cash outflow

d. $34 million cash outflow.

a $37 million cach mflow es si0 multion cach inflow 517 million cash outflow (2. 574 mullion cach octlow