The following information is available from Bromfield Co.s accounting records for the year ended December 31, 2016 (amounts in millions):

Cash dividends declared and paid	$	331
Interest and taxes paid		104
Collections from customers		1,331
Payment of long-term debt		211
Purchase of land and buildings		166
Cash paid to suppliers and employees		797
Issuance of preferred stock		316
Proceeds from the sale of equipment		50

Required:

a. Calculate the net cash provided (used) by operating activities for Bromfield Co. for the year ended December 31, 2016. (Enter your answer in millions. (i.e., 5,000,000 should be entered as 5))

Net cash

by/for operating activities

million

b. Calculate the net cash provided (used) by investing activities.(Enter your answer in millions. (i.e., 5,000,000 should be entered as 5))

Net cash

by/for investing activities

million