During fiscal year 2012, Capitol Cupcakes reported a net income of $132.4 million. Capitol received $1.4 million from the sale of other businesses. Capitol made capital expenditures of $10.5 million and sold property, plant, and equipment for $6.8 million. The company purchased long-term investments at a cost of $12.1 million and sold other long-term investments for $2.3 million.

Requirement
Prepare the investing activities section of Capitol Cupcakes’ statement of cash flows. Based solely on Capitol Cupcakes’ investing activities, does it appear that the company is growing or shrinking? How can you tell?