! Required information (The following information applies to the questions displayed below.) Starbucks is a coffee company-a big coffee company. During a 10-year period, the number of Starbucks locations in China grew from 24 to over 1,000. The following is adapted from Starbucks's annual report for the year ended October 2, 2016, and dollars are reported in millions. Accounts Payable Accounts Receivable Cash Common Stock Equipment Intangible Assets Inventory Notes Payable (long-term) Notes Payable (short- term) Prepaid Rent Retained Earnings Short-Term Investments $5,280 605 3,010 440 4,300 3,300 1,560 2,110 1,720 615 4,590 750 Assume that the following events occurred in the following quarter, which ended December 31, 2016. Dollars are in millions a. Paid $1,450 cash for additional intangible assets. b. Issued additional shares of common stock for $10,900 in cash. c. Purchased equipment; paid $4,900 in cash and signed additional long-term loans for $9,800. d. Paid $890 cash for accounts payable owed at October 2. e Conducted negotiations to purchase a coffee farm, which is expected to cost $8,800. 4. Summarize the journal entry effects from part 3 using T-accounts. (Enter your answers in millions (ie, 10,000,000 should be entered as 10).) Cash Accounts Receivable Beg Bal Beg Bal entered as 10).) Cash Accounts Receivable Beg. Bal. Beg. Bal End. Bal a. b. Inventory ort-term Investments C. Beg. Bal. d. End. Bal End. Bal Prepaid Rent Equipment Beg. Bal Beg. Bat. End. Bal End. Bal Intangible Assets Accounts Payable Beg. Bal Bog. Bal End, Bal End. Bal Notes Payable (short-term) Notes Payable (long-term) Beg. Bal Beg. Bal End. Bal End. Bal. Common Stock Retained Earnings Common Stock Retained Earnings Beg. Bal. Beg. Bal. End. Bal. End. Bal