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Lowe's is the second-largest home retailer in the world, with 1,857 stores. During its 2015 fiscal year ended in January 2016. Lowe's inventory at a

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Lowe's is the second-largest home retailer in the world, with 1,857 stores. During its 2015 fiscal year ended in January 2016. Lowe's inventory at a cost of $39.051 (s millions). Assume all purchases were made on account and accounts payable is only used for 2015 Bal. 9,458 5,633 2015 Bal Contrib Earned 39,051 39,051 38,542 mill c. Use the Contrib. Earned

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