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On January 1, 2024, Clor-Proell Enterprises bought 20% of the outstanding common stock of Chen Construction Company for $740.0 million cash. Chen's net income for
On January 1, 2024, Clor-Proell Enterprises bought 20% of the outstanding common stock of Chen Construction Company for $740.0 million cash. Chen's net income for the year ended December 31,2024 , was $370.0 million. During 2024 , Chen declared and paid cash dividends of $74.0 million. Clor-Proell recorded the investment as follows: Required: What would be the pretax amounts related to the investment that Clor-Proell would report in its statement of cash flows for the year ended December 31, 2024? Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Cash outflows should be indicated with a minus sign
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