QUESTION 7 KRJ Corporation reported cost of goods sold of $812 million for the year. Inventory at the beginning of the year was $118 million and at the end of the year it was $280 million. Accounts payable at the beginning of the year was $144 million and at the end of the year it was $135 million. How much cash (in $ millions) was paid for inventory purchased during the year? QUESTION 8 KRJ Corporation reported annual wages expense of $9,061 million. Wages payable at the beginning of the year was $344 million and at the end of the year it was $623 million. How much cash (in $ millions) was paid to employees as wages during the year