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)	$ 109.9
Sale of common shares	353.9
Retirement of common shares	245.9
Loss on sale of equipment	5.9
Proceeds from sale of equipment	17.9
Issuance of short-term note payable for cash	21.9
Acquisition of building for cash	15.9
Purchase of marketable securities (not a cash equivalent)	11.9
Purchase of marketable securities (considered a cash equivalent)	3.9
Cash payment for 3-year insurance policy	7.9
Collection of note receivable with interest (principal amount, $22)	27.9
Declaration of cash dividends	67.9
Distribution of cash dividends declared in 2023	61.9

Required:

1. Calculate the net cash inflow/outflow from the investing activities of Millennium's statement of cash flows for 2024.
2. 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).

Complete this question by entering your answers in the tabs below.

• Required 1
• Required 2

COMPLETE THE QUESTIONDS BELOW

REQUIREMENT 1

REQUIREMENT 2

Calculate the net cash inflow/outflow from the investing activities of Millennium's statement of cash flows for 2024.

Cash flows from investing activities:
Net cash flows from investing activities