E6-2 (Algo) Inferring Merchandise Purchases [LO 6-2] The Jump incorporated, is a speclalty retaller that operates stores selling clothes under varlous trade names. Assume that you are employed as a stock analyst and your boss has Just completed a review of The Jump incorporated, for the first quarter of 2019 . She provided you with her notes, but they are missing some information that you need. Her notes show the inventory for Jump was $2,410 million at the end of the quarter and $2,300 million at the beginning of the quarter. Net Sales for the quarter were $4,550 million. Gross Profit was $1,680 million and Net Income was $397 million. Required: Determine the Cost of Goods Sold and cost of purchases for the first quarter. (Enter your answers in millions.)