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Brief Exercise 11-11 Calculate net cash flows from financing activities (LO11-5) Creative Sound Systems sold investments, land, and its own common stock for $38.0 million, $14.2 million, and $38.4 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.2 million, $24.2 million, and $11.2 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) Answer is complete but not entirely correct. CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from financing activities Sale of investments x s Sale of land Purchase equipment Purchase a patent 38.0 14.2 X (242) 3 (11.2) X Net cash flows from financing activities $ 16.8