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! Required information [The following information applies to the questions displayed below.] In preparation for developing its statement of cash flows for the year ended
! Required information [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, Millennium Solutions, Inc. collected the following information: ($ in millions) Payment for the early extinguishments of long-term notes (book value: $89.0 million) Sale of common shares Retirement of common shares Loss on sale of equipment Proceeds from sale of equipment Issuance of short-term note payable for cash Acquisition of building for cash Purchase of marketable securities (not a cash equivalent) Purchase of marketable securities (considered a cash equivalent) Cash payment for 3-year insurance policy Collection of note receivable with interest (principal amount, $28) Declaration of cash dividends Distribution of cash dividends declared in 2020 $ 93.0 244.0 139.0 3.7 14.8 27.0 15.5 22.0 18.0 20.0 30.0 66.0 63.0 Required: 1. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) ($ in millions) $ Cash Flows From Investing Activities: Acquisition of building for cash Proceeds from sale of equipment Purchase of marketable securities (15.5) 14.8 $ Collection of note receivable $ (63.0) (63.7) Net cash inflows (outflows) from investing activities $
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