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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
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: $86.0 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, $27) Declaration of cash dividends Distribution of cash dividends declared in 2020 ($ in millions) $ 90.0 240.0 138.0 3.6 14.4 26.0 15.0 21.0 17.0 19.0 29.0 64.0 61.0 2. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from financing 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).) Cash Flows from Financing Activities: ($ in millions) Net cash inflows (outflows) from financing activities $ 0.0
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