Top Ten Corporation, a nationwide insurance chain, reported the following selected amounts in its financial statements for the year ended August 31, 2010 (adapted, in millions):

Requirement 1. Determine the following for Top Ten 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 Top Ten 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.. Income Statement 2010 2009 $24,623 $21,207 18,048 15,466 269 230 4,883 4,248 537 486 886 777 Balance Sheet 2010 2009 Cash and Cash Equivalents. $ 17 $ 13 Accounts Receivable. Inventories..... 798 615 3,482 2,831 Property and Equipment, Net. 4,345 3,428 Accounts Payable.. 1,547 1,364 Accrued Liabilities. Long-Term Liabilities. Common Stock Retained Earnings. 938 848 478 464 676 446 4,531 3,788