3. Assume that Lowe's experienced no shrinkage in the most current year. Using the balance sheet and income statement, estimate the amount of purchases in the year ended January 31, 2020. $72,766$49,823$49,205$48,587 APPEN DIX B Excerpts from the Fiscal 2019 10-K Annual Report of Lowe's Companies, Inc. LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF EARNINGS (In millions. excent ner share and nercentage data) LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME See accompanying notes to consolidated financial statements. LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS 3. Assume that Lowe's experienced no shrinkage in the most current year. Using the balance sheet and income statement, estimate the amount of purchases in the year ended January 31, 2020. $72,766$49,823$49,205$48,587 APPEN DIX B Excerpts from the Fiscal 2019 10-K Annual Report of Lowe's Companies, Inc. LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF EARNINGS (In millions. excent ner share and nercentage data) LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME See accompanying notes to consolidated financial statements. LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY LOWE'S COMPANIES, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS