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 $6,790 Accounts Receivable 670 Cash 3,580 Common Stock 550 Equipment 5,620 Intangible Assets 3,850 Inventory 2,110 Notes Payable (long-term)) 2,660 Notes Payable (short- 2,270 term) Prepaid Rent 670 Retained Earnings 5,140 Short-Term Investments 910 Assume that the following events occurred in the following quarter, which ended December 31, 2016. Dollars are in millions. a. Paid $2,000 cash for additional intangible assets. b. Issued additional shares of common stock for $12,000 in cash. c. Purchased equipment; paid $3,900 in cash and signed additional long-term loans for $10,900. d. Paid $1,000 cash for accounts payable owed at October 2. e. Conducted negotiations to purchase a coffee farm, which is expected to cost $9,900. 4. Summarize the journal entry effects from part 3 using T-accounts. (Enter your answers in millions (i.e., 10,000,000 should be Required information Beg. Bal. End. Bal. Cash Beg. Bal. Accounts Receivable End. Bal. Inventory Short-term Investments Beg. Bal. Beg. Bal. End. Bal. End. Bal. Prepaid Rent Equipment Beg. Bal. Beg. Bal. End. Bal. End. Bal. Intangible Assets Accounts Payable Beg. Bal. Beg. 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 Beg. Bal. Beg. Bal. End. Bal. End. Bal