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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
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, D-Krug Solutions, Incorporated 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, $24) Declaration of cash dividends Distribution of cash dividends declared in 2023 ($ 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 D-Krug'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). Cash Flows From Investing Activities: ($ in millions) Net cash inflows (outflows) from investing activities $ 0.0
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