Selected information from Large Corporation's accounting records and financial statements for 2021 is as follows ($ in millions):

Cash paid to acquire a patent	$	38
Treasury stock purchased for cash		35
Proceeds from sale of land and buildings		60
Gain from the sale of land and buildings		36
Investment revenue received		10
Cash paid to acquire office equipment		55

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:

		$23 million.
		$38 million.
		$93 million.
		$48 million.