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Required information

$[$The following information applies to the questions displayed below.$]$

In preparation for developing its statement of cash flows for the year ended December $31,2021,$ Rapid Pac, Inc., collected

the following information:

Fair value of shares issued in a stock dividend

Payment for the early extinguishment of

long$-$term bonds $($book value: $$90\mathrm{.}0$ million$)$

Proceeds from the sale of treasury stock $($cost: $$26\mathrm{.}0$ million$)$

Gain on sale of land

Proceeds from sale of land

Purchase of Microsoft common stock

Declaration of cash dividends

Distribution of cash dividends declared in $2020$

$($$ in millions$)$

$$104\mathrm{.}0$

$95\mathrm{.}0$

$31\mathrm{.}0$

$3\mathrm{.}5$

$10\mathrm{.}5$

$160\mathrm{.}0$

$60\mathrm{.}0$

$57\mathrm{.}0$

Required:

In Rapid Pac's statement of cash flows, what were net cash inflows $($or outflows$)$ from investing activities for $2021?($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 $5\mathrm{.}5).)$