PC Connection is a leading mail-order retailer of personal computers. A recent financial report issued by the company revealed the following information. Merchandiseinventory(beginningoftheyear)Merchandiseinventory(endoftheyear)NetsalesfortheyearGrossprofitmargin$79million$91million$2.46billion13% a. Compute the company's cost of goods sold for the year. b. Approximately how much inventory did PC Connection purchase during the year