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: $80.0 million) $ 84.0
Sale of common shares 232.0
Retirement of common shares 136.0
Loss on sale of equipment 3.4
Proceeds from sale of equipment 13.6
Issuance of short-term note payable for cash 24.0
Acquisition of building for cash 14.0
Purchase of marketable securities (not a cash equivalent) 19.0
Purchase of marketable securities (considered a cash equivalent) 15.0
Cash payment for 3-year insurance policy 17.0
Collection of note receivable with interest (principal amount, $25) 27.0
Declaration of cash dividends 60.0
Distribution of cash dividends declared in 2017 57.0

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?

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