Brief Exercise 11-4 Calculate operating activities-indirect method (LO11-3) Laser World reports net income of $650,000. Depreciation expense is $50,000, accounts receivable increases $11,000, and accounts payable decreases $30,000 Calculate net cash flows from operating activities using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) Brief Exercise 11-4 Calculate operating activities-indirect method (LO11-3) Laser World reports net income of $650,000. Depreciation expense is $50,000, accounts receivable increases $11,000, and accounts payable decreases $30,000. Calculate net cash flows from operating activities using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) Brief Exercise 11-8 Calculate net cash flows from investing activities (LO11-4) Creative Sound Systems sold investments, land, and its own common stock for $30.0 million, $15.0 million, and $40.0 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.0 million, $25.0 million, and $12.0 million, respectively. What amount should the company report as net cash flows from investing 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).)