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1. 0.50 points Shown below in T-account format are the beginning and ending balances ($ in millions) of both inventory 130.0 132.2 40.0 Beginning balance

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1. 0.50 points Shown below in T-account format are the beginning and ending balances ($ in millions) of both inventory 130.0 132.2 40.0 Beginning balance 44.6 Ending balance Required: 1. Use a T-account analysis to determine the amount of cash paid to suppliers of merchandise during the reporting period if cost of goods sold was $320 million. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) sh paid to suppliers million 6

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