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The consolidated balance sheets of Gap Inc. included merchandise inventory in the amount of $1,620 as of January 30, 2016 (the end of fiscal year

The consolidated balance sheets of Gap Inc. included merchandise inventory in the amount of $1,620 as of January 30, 2016 (the end of fiscal year 2015) and $1,620 as of January 31, 2015 (the end of fiscal year 2014). Net sales were $14,569 and $14,631 at the end of fiscal years 2015 and 2014, respectively. Cost of goods sold and occupancy expenses were $9,263 and $8,761 at the end of fiscal years 2015 and 2014, respectively. All amounts are from Gap Inc.s 2015 Form 10-K. Reconstruct the Cost of Goods Sold section of Gap Inc.'s 2015 income statement. Enter amounts in millions of dollars. For example, 12,400,000,000 would be entered as 12,400. Gap Inc. Gap Inc. Cost of Goods Sold For the Year 2015 Merchandise inventory, 1/31/15 Cost of goods purchased Cost of goods available for sale Merchandise inventory, 1/30/16 Cost of goods sold

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