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In preparation for developing its statement of cash flows for the year ended December 31, 2018, Millennlum Solutions, Inc. collected the following Information: ($ in
In preparation for developing its statement of cash flows for the year ended December 31, 2018, Millennlum Solutions, Inc. collected the following Information: ($ in millions) Payment for the early extinguishments of long-term notes (book value: $50.0 million) $ 54.0 192.0 Sale of common shares 126.0 Retirement of common shares Loss on sale of equipment Proceeds from sale of equipment Issuance of short-term note payable for cash Acquisition of building for cash Purchase of marketable securities (not a cash equivalent) Purchase of marketable securities (considered a cash equivalent) Cash payment for 3-year insurance policy Collection of note receivable with interest (principal amount, $15) 2.4 9.6 14.0 9.0 9.0 5.0 7.0 17.0 40.0 Declaration of cash dividends 37.0 Distribution of cash dividends declared in 2017 Required: 1. In Millennlum's statement of cash flows, what were net cash Inflows (or outflows) from Investing activitles for 2018? 2. In MIllennlum's statement of cash flows, what were net cash inflows (or outflows) from financing activitles for 2018? Complete this question by entering your answers in the tabs below. Required 1 Required 2 In Millennium's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2018? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) ($ in millions) Cash Flows From Investing Activities: Net cash inflows (outflows) from investing activities
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