[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, Rapid Pac, Inc., collected the following information: long-term bonds (book value: $91.0 million) Fair value of shares issued in a stock dividend Payment for the early extinguishment of Proceeds from the sale of treasury stock (cost: $27.0 million) Gain on sale of land Proceeds from sale of land Purchase of Microsoft common stock Declaration of cash dividends Distribution of cash dividends declared in 2020 ($ in millions) $108.0 96.0 32.0 3.6 10.8 162.0 61.0 58.0