Exercise $21-14($Static$)$ Identifying cash flows from investing activities and financing activities $[$LO$21-5,21-6]$

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In preparation for developing its statement of cash flows for the year ended December $31,2024,$ D$-$Krug Solutions, Incorporated collected the following information:

$($$ in millions$)$Payment for the early extinguishments of long$-$term notes $($book value: $$50$ million$)$$ $54$Sale of common shares$176$Retirement of common shares$122$Loss on sale of equipment$2$Proceeds from sale of equipment$8$Issuance of short$-$term note payable for cash$10$Acquisition of building for cash$7$Purchase of marketable securities $($not a cash equivalent$)5$Purchase of marketable securities $($considered a cash equivalent$)1$Cash payment for $3-$year insurance policy$3$Collection of note receivable with interest $($principal amount, $$11)13$Declaration of cash dividends$33$Distribution of cash dividends declared in $202330$

Exercise $21-14($Static$)$ Part $1$

Required:

$1.$ In D$-$Krug$$s statement of cash flows, what were net cash inflows $($or outflows$)$ from investing activities for $2024?$