f Exercises Help Brief Exercise 8-11 Supplemental LIFO disclosures; Walgreen [LO8-6) Walgreens Boots Alliance, Inc. reported inventories of $2,345 million and $2,492 million in its August 31, 2015, and August 31, 2014, balance sheets, respectively. Cost of goods sold for the year ended August 31, 2015, was $30,924 million. The company uses primarily the LIFO inventory method. A disclosure note reported that if FIFO had been used instead of LIFO, inventory would have been higher by $312 million and $279 million at the end of the August 31, 2015, and August 31, 2014, periods, respectively Calculate cost of goods sold for the year ended August 31, 2015, assuming Walgreens used FIFO instead of LIFO. (Enter your answer in millions.) of goods sold million