Deere & Company is the world€™s leading producer of agricultural equipment; a leading supplier of a broad range of industrial equipment for construction, forestry, and public works; a producer and marketer of a broad line of lawn and grounds care equipment; and a provider of credit, managed health care plans, and insurance products for businesses and the general public. The following information is from a recent annual report (in millions of dollars):

Required:
1. Identify the nature of each of the transactions (a) through (f). Specifically, what activities cause the accounts to increase and decrease?
2. For transactions (a), (c), and (f), compute theamount.

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Income Taxes Payable Dividends Payable Interest Payable Beg. bal. 71 Beg. bal. 43 Beg. bal. 45 ? (b 33(c ?(d)176 e 297 (f) End. bal. 80 End. bal. 48 End. bal 51