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Accounting

!
Required information
[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: $81.0
million)
$68.0
from the sale of treasury stock (cost: $17.0 million)
Gain on 22.0
sale of land
2.6
Proceeds from sale of land
Purchase of Microsoft common stock
Declaration of cash dividends
Distribution of cash dividends declared in 2023
7.8
142.0
51.0
47.0
In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2024?
Note: Cash outflows should be indicated 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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