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Shroff Co. s statement of cash flows contained the following information (in millions): Record the sale of treasury stock in 2006. Assume the stock had

Shroff Co.s statement of cash flows contained the following information (in millions):

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Record the sale of treasury stock in 2006. Assume the stock had been purchased at a cost of $9 million.

Cash flows from financing activities: Purchases of treasury stock Sale of treasury stock 2006 10.5 2005 (625.8) 30.1 2004 (251.1) 35.4

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