LaRoe Lawns' inventory increased during the year by $6.7 million. Its accounts payable increased by $6.6 millio during the same period. Required: What is the amount of cash LaRoe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $44 million? Prepare a summary entry that represents the net effect of merchandise purchases during the reporting period. Complete this question by entering your answers in the tabs below. Prepare a summary entry that represents the net effect of merchandise purchases during the reporting period. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). If no en transaction/event, select "No journal entry required" in the first account field