S7-13

(Learning Objective 8: Analyze the cash flow impact of investing activities on the statement of cash flows) During 2012, Southeast Satellite Systems, Inc., purchased two other companies for $15 million. Also during 2012, Southeast made capital expenditures of $8 million to expand its market share. During the year, Southeast sold its North American operations, receiving cash of $13 million. Overall, Southeast reported a net income of $11 million during 2012.

Show what Southeast would report for cash flows from investing activities on its statement of cash flows for 2012. Report a total amount for net cash provided by (used in) investing activities.