Sinclair Company operates membership warehouses selling food, appliances, consumer electronics, apparel, and other household goods. Selected information from the company's balance sheets follows.

a$.$ During the current fiscal year, Sinclair collected $$21,242$ million cash for membership fees. Use the financial statement effects template to record the cash collected for membership fees.

b$.$ Sinclair recorded merchandise costs $($cost of goods sold$)$ of $$800,488$ million in the current fiscal year. Record this transaction in the financial statement effects template.

Note: Use negative signs with answers when appropriate.

Note: If an answer field is not needed, leave it blank $($not all answer fields will be used$).$