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 $6,060 635 3,310 500 5,020 3,600 1,860 2,410 2,020 645 4,890 810 Assume that the following events occurred in the following quarter, which ended December 31, 2016. Dollars are in millions. a. Paid $1,750 cash for additional intangible assets. b. Issued additional shares of common stock for $11,500 in cash. c. Purchased equipment; paid $3,400 in cash and signed additional long-term loans for $10,400. d. Paid $950 cash for accounts payable owed at October 2. e. Conducted negotiations to purchase a coffee farm, which is expected to ost $9,400. 4. Summarize the journal entry effects from part 3 using T-accounts. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Cash Accounts Receivable Beg. Bal. Beg. Bal. End. Bal. 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. 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