The following information has been reported by Laporte Inc. on its statements of financial position at December 31, 2019 and 2020 and on its statement of earnings for the year ended December 31, 2020. Amounts are in millions of dollars:

Statements of Financial Position
	2020				2019
Cash	$	98			$	72
Accounts receivable		38				28
Merchandise inventory		32				36
Long-term investments		-				22
Property, plant, and equipment		208				166
Accumulated depreciation		(82	)			(100	)
Total assets	$	294			$	224
Accounts payable	$	28				46
Income taxes payable		7				8
Long-term borrowings		84				24
Contributed capital		123				104
Retained earnings		52				42
Total liabilities and shareholders equity	$	294			$	224
Statement of Earnings
Sales	$	152
Cost of sales		(88	)
Gross profit		64
Depreciation expense		(14	)
Other operating expenses		(36.0	)
Earnings from operations		14.0
Gain on sale of investments		10
Loss on sale of equipment		(6	)
Earnings before income tax		18.0
Income tax expense		7.2
Net earnings	$	10.8

Additional information is as follows:

1. Old equipment was sold for cash during 2020. It had an original cost of $44 and an accumulated depreciation of $32.
2. A new building was acquired during the year in exchange for a long-term note for $60, payable in five years. In addition, new equipment was purchased for cash.

Required:

1. Prepare a statement of cash flows for Laporte Inc. for the year ended December 31, 2020 by using the direct method. (Negative answers should be indicated by a minus sign. Enter your answers in millions. Round your answer to 1 decimal place.)

LAPORTE INC. Statement of Cash Flows For the Year Ended December 31, 2020 Cash flows from operating activities: Cash payments: Net cash used for operating activities Cash flows from investing activities: Net cash flow from investing activities Cash flows from financing activities: Net cash flow from financing activities Cash balance, January 1, 2020 Cash balance, December 31, 2020 LAPORTE INC. Statement of Cash Flows For the Year Ended December 31, 2020 Cash flows from operating activities: Cash payments: Net cash used for operating activities Cash flows from investing activities: Net cash flow from investing activities Cash flows from financing activities: Net cash flow from financing activities Cash balance, January 1, 2020 Cash balance, December 31, 2020