Valencia Company paid $$1\mathrm{.}1$ million to purchase stock in another company, $$0\mathrm{.}5$ million to repurchase treasury shares, $$0\mathrm{.}25$ million to buy short$-$term investments, sold used equipment for $$0\mathrm{.}4$ million when its book value was $$0\mathrm{.}3$ million, and purchased new equipment for $$1\mathrm{.}7$ million. What was the net cash flow from investing activities?

Multiple Choice

$$ $$3\mathrm{.}15$ million net cash outflow.

$$ $$2\mathrm{.}55$ million net cash outflow.

$$ $$2\mathrm{.}65$ million net cash outflow.

$$ $$2\mathrm{.}4$ million net cash outflow.