Question: In preparation for developing its statement of cash flows for the year ended December 3 1 , 2 0 2 4 , Millennium Solutions, Incorporated

 In preparation for developing its statement of cash flows for the

In preparation for developing its statement of cash flows for the year ended December 31,2024, Millennium Solutions, Incorporated collected the following information:
Payment for the early extinguishment of long-term notes (book value: $100million )
Sale of common shares
millions)
$108
Retirement of common share Loss on sale of equipment
352
244
Loss on sale or equipment 4
Proceeds from sale of equipment 16
Issuance of short-term note payable for cash 20
Acquisition of building for cash 14
equivalent)
Purchase of marketable securities (considered a cash equivalent)
Cash payment for 3-year insurance policy
Collection of note receivable with interest (principal amount, $22)
Declara Distrib Required:
Required:
Prepare the investing activities section of Millennium's statement of cash flows for 2024.
Prepare the financing activities section of Millennium's statement of cash flows for 2024.
(5 pts)
year ended December 31,2024, Millennium Solutions, Incorporated collected the following information: Payment

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