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wwwww In preparation for developing its statement of cash flows for the year ended December 31, Year 2, Company A collected the following information:
wwwww In preparation for developing its statement of cash flows for the year ended December 31, Year 2, Company A collected the following information: ($ in millions) Payment for the early extinguishment of Proceeds from the sale of treasury stock (cost: $14.0 million) Fair value of shares issued in a stock dividend long-term bonds (book value: $78.0 million) Gain on sale of land Proceeds from sale of land Purchase of Company B common stock Declaration of cash dividends Distribution of cash dividends declared in Year 19 $56.0 83.0 19.0 2.3 6.9 136.0 48.0 44.0 Required: 1. In Company A's statement of cash flows, what were net cash inflows (or outflows) from investing activities for Year 2? Note: Cash outflows should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Cash Flows From Investing Activities: Proceeds from sale of land Purchase of investment ($ in millions) Net cash inflows (outflows) from investing activities $ 0.0
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