A-One Corporation, a nationwide insurance chain, reported the following selected amounts in its financial statements for the year ended March 31, 2010 (adapted, in millions):

Requirement

1. Determine the following for A-One Corporation during 2010. (Enter all amounts in millions.)

a. Collections from customers

b. Payments for inventory

c. Payments of operating expenses

d. Acquisitions of property and equipment; no sales were made during 2010

e. Long-term borrowing, assuming A-One made no payments on long¬ term liabilities

f. Proceeds from issuance of common stock g. Payment of cash dividends

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Net Sales.. Cost of Goods Sold. Depreciation Expense.. Other Expenses. Income Tax Expense. Net Income Cash and Cash Equivalents. Accounts Receivable. Inventories.... Property and Equipment, Net. Accounts Payable... Accrued Liabilities. Long-Term Liabilities Common Stock. Retained Earnings.... Income Statement 2010 2009 $24,859 $21,099 18,026 15,497 270 230 4,801 4,460 539 488 1,223 424 Balance Sheet 2010 2009 $ 30 $ 28 804 626 3,484 3,264 4,225 3,825 1,543 1,373 939 848 450 445 675 575 4,936 4,502