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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 31,2024, Rapid Pac, Incorporated, collected the following information:
\table[[,($ in],[Fair value of shares issued in a stock dividend,milions)],[Payment for the early extinguishment of long-term bonds (book value: $92.0,112.0],[million),97.0],[Proceeds from the sale of treasury stock (cost: $28.0 million),33.0],[Gain on sale of land,3.7],[Proceeds from sale of land,11.1],[Purchase of Microsoft common stock,164.0],[Declaration of cash dividends,62.0],[Distribution of cash dividends declared in 2023,59.0]]
Required:
In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2024?
Note: Cash outflows 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).
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