Please show how you came to the calculations as well, thanks. 1. LaRoe lawns inventory increased during the year by $6.3 million. Its accounts payable increased by $8.3 million during the same period.

a. What is the amount of cash LaRoe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $26 million?

b. Prepare a summary journal entry that represents the net effect of merchandise purchases during the reporting period.