FederalWay, Incorporated, is a major deportment store chain. The dominant portion of the company's business consists of providing merchandise and services to consumers through department stores and online. In a prior annual report, FederaWay reported cost of goods soid of $11,564 million, ending inventory for the current year of $3.250 million, and ending inventory for the previous year of $3,641 mililion. Required: Develop a reasonable estimate of the merchandise purchases for the year. Note: Enter your answers in millions