Selected information from Large Corporation's accounting records and financial statements for 2021 is as follows ($ in millions): Cash paid to acquire a patent $
Selected information from Large Corporation's accounting records and financial statements for 2021 is as follows ($ in millions): Cash paid to acquire a patent $ 20 Treasury stock purchased for cash 17 Proceeds from sale of land and buildings 33 Gain from the sale of land and buildings 18 Investment revenue received 5 Cash paid to acquire office equipment 28 Large prepares its financial statements in accordance with IFRS. In its statement of cash flows, Large most likely reports net cash outflows from investing activities of: Multiple Choice $26 million. $10 million. $48 million. $20 million.
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