In preparation for developing its statement of cash flows for the year ended December 31,2024,...

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Accounting

In preparation for developing its statement of cash flows for the year ended December 31,2024, Millennium Solutions, Incorporated collected the following information:
($ in millions)
Payment for the early extinguishment of long-term notes (book value: $100 million) $ 109.8
Sale of common shares 353.8
Retirement of common shares 245.8
Loss on sale of equipment 5.8
Proceeds from sale of equipment 17.8
Issuance of short-term note payable for cash 21.8
Acquisition of building for cash 15.8
Purchase of marketable securities (not a cash equivalent)11.8
Purchase of marketable securities (considered a cash equivalent)3.8
Cash payment for 3-year insurance policy 7.8
Collection of note receivable with interest (principal amount, $22)27.8
Declaration of cash dividends 67.8
Distribution of cash dividends declared in 202361.8
Required:
Calculate the net cash inflow/outflow from the investing activities of Millennium's statement of cash flows for 2024.
Calculate the net cash inflow/outflow from the financing activities of Millennium's statement of cash flows for 2024.
Note: For all requirements, list any cash outflow 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).

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