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Marcy's, Inc., operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2016 third quarter report, the company reported Cost of Goods

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Marcy's, Inc., operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2016 third quarter report, the company reported Cost of Goods Sold of $9,700 million, ending inventory for the third quarter of $11,300 million, and ending inventory for the previous quarter of $10,500 million Estimate merchandise purchases for the third quarter. (Enter your answer in millions.) Merchandise Purchases million

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