Required information Exercise $21-13($Static$)$ Identifying cash flows from investing activities and financing activities $[$LO$21-5,216][$The following information applies to the questions displayed below.$]$ In preparation for developing its statement of cash flows for the year ended December $31,2024,$ Rapid Pac, Incorporated, collected the following information: $```($$ in millions$)$ Fair value of shares issued in a stock dividend Payment for the early extinguishment of long$-$term bonds $($book value: $$97$ million$)$ Proceds from Proceeds from the sale of treasury stock $($cost: $$17$ million$)22$ Gain on sale of land $4$ Proceeds from sale of land $12$ Purchase of Microsoft common stock $160$ Declaration of cash dividends $44$ Distribution of cash dividends declared in $202340```$ Exercise $21-13($Static$)$ Part $1$ Required: $1.$ In Rapid Pac's statement of cash flows, what were net cash inflows $($or outflows$)$ from investing activities for $2024?$ Note: Cash outflows should be indicated with a minus sign. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$