Brief Exercise 11-11 (Algo) Calculate net cash flows from financing activities (LO11-5) Creative Sound Systems sold...

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Brief Exercise 11-11 (Algo) Calculate net cash flows from financing activities (LO11-5) Creative Sound Systems sold investments, land, and its own common stock for $32.0 million, $15.2 million, and $40.4 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.2 million, $25.2 million, and $12.2 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities? (Cash outflows should be indicated with a minus sign. 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 Sale of land Purchase of treasury stock Purchase equipment Purchase a patent Net cash flows from financing activities 00000 $ 32.00 15.2 21.2 25.2 12.2 $ 105.8 Brief Exercise 11-11 (Algo) Calculate net cash flows from financing activities (LO11-5) Creative Sound Systems sold investments, land, and its own common stock for $32.0 million, $15.2 million, and $40.4 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.2 million, $25.2 million, and $12.2 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities? (Cash outflows should be indicated with a minus sign. 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 Sale of land Purchase of treasury stock Purchase equipment Purchase a patent Net cash flows from financing activities 00000 $ 32.00 15.2 21.2 25.2 12.2 $ 105.8