Creative Sound Systems and investments, land, and its own common stock for $32 million, $14.8 million, and $39.6 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.8 million, $24.8 million, and $11.8 million, respectively.
What amount should the company report as net cash flows from investing activities? (Enter your answers in millions rounded to one decimal places. List cash outflows as negative amounts.)
CREATIVE SOUND SYSTEMS
Statement of Cash Flows (partial)
Cash flows from investing activities Net cash flows from investing activities