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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
! 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, Millennium Solutions, Inc. collected the following information: Payment for the early extinguishments of Long-term notes (book value: $77.0 million) Sale of common shares 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, $24) Declaration of cash dividends Distribution of cash dividends declared in 2020 ($ in millions) $ 81.0 228.0 135.0 3.3 13.2 23.0 13.5 18.0 14.0 16.0 26.0 58.0 55.0 Required: 1. In Millennium'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 5.5).) > Answer is complete but not entirely correct. Cash Flows From Investing Activities: Proceeds from sale of equipment Acquisition of building for cash Purchase of marketable securities Collection of note receivable ($ in millions) $ 13.2 $ (13.5) $ (18.0) $ 30.0 X Net cash inflows (outflows) from investing activities $ 11.7
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