Question: In preparation for developing its statement of cash flows for the year ended December 31, 2018, Millennium Solutions, Inc. collected the following information: ($ in

In preparation for developing its statement of cash flows for the year ended December 31, 2018, Millennium Solutions, Inc. collected the following information: ($ in millions) Payment for the early extinguishments of long-term notes (book value: $77.0 million) $ 81.0 Sale of common shares 228.0 Retirement of common shares 135.0 Loss on sale of equipment 3.3 Proceeds from sale of equipment 13.2 Issuance of short-term note payable for cash 23.0 Acquisition of building for cash 13.5 Purchase of marketable securities (not a cash equivalent) 18.0 Purchase of marketable securities (considered a cash equivalent) 14.0 Cash payment for 3-year insurance policy 16.0 Collection of note receivable with interest (principal amount, $24) 26.0 Declaration of cash dividends 58.0 Distribution of cash dividends declared in 2017 55.0 Required: 1. In Millenniums statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2018? 2. In Millenniums statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2018?

($ in millions)
Cash Flows From Investing Activities:
Net cash inflows (outflows) from investing activities

($ in millions)
Cash Flows from Financing Activities:
Net cash inflows (outflows) from financing activities

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