KnK Company, Inc., is a major retailer with department stores in all 50 states. The dominant portion of the company's business consists of providing merchandise and services to consumers through department stores that include catalog departments. In a recent annual report, KnK Company reported cost of goods sold of $11,570 million, ending inventory for the current year of $3,254 million, and ending inventory for the previous year of $3,636 million. Required Develop a reasonable estimate of the merchandise purchases for the year? (Enter your answers in millions.) million million million million Purchases