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In preparation for developing its statement of cash flows for the year ended December 3 1 , 2 0 2 4 , Millennium Solutions, Incorporated

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In preparation for developing its statement of cash flows for the year ended December 31,2024, Millennium Solutions, Incorporated collected the following information:
Payment for the early extinguishment of long-term notes (book value: $100million )
Sale of common shares
millions)
$108
Retirement of common share Loss on sale of equipment
352
244
Loss on sale or equipment 4
Proceeds from sale of equipment 16
Issuance of short-term note payable for cash 20
Acquisition of building for cash 14
equivalent)
Purchase of marketable securities (considered a cash equivalent)
Cash payment for 3-year insurance policy
Collection of note receivable with interest (principal amount, $22)
Declara Distrib Required:
Required:
Prepare the investing activities section of Millennium's statement of cash flows for 2024.
Prepare the financing activities section of Millennium's statement of cash flows for 2024.
(5 pts)
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