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 year ended December 31,2024, Millennium Solutions, Incorporated collected the following information:
($ in millions)Payment for the early extinguishment of long-term notes (book value: $100 million)$ 109.9Sale of common shares353.9Retirement of common shares245.9Loss on sale of equipment5.9Proceeds from sale of equipment17.9Issuance of short-term note payable for cash21.9Acquisition of building for cash15.9Purchase of marketable securities (not a cash equivalent)11.9Purchase of marketable securities (considered a cash equivalent)3.9Cash payment for 3-year insurance policy7.9Collection of note receivable with interest (principal amount, $22)27.9Declaration of cash dividends67.9Distribution of cash dividends declared in 202361.9
Required:
Calculate the net cash inflow/outflow from the investing activities of Millennium's statement of cash flows for 2024.
Calculate the net cash inflow/outflow from the financing activities of Millennium's statement of cash flows for 2024.
Note: For all requirements, list any cash outflow with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e.,5,500,000 should be entered as 5.5).

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