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The disclosure note below is from the 2 0 2 0 1 0 - K report of Casey's General Stores, Inc., an operator of convenience

The disclosure note below is from the 202010-K report of Casey's General Stores, Inc., an
operator of convenience stores ($ thousands).
Inventories
Inventories, which consist of merchandise and fuel, are stated at the lower of cost or market. For
fuel, cost is determined through the use of the first-in, first-out (FIFO) method. For merchandise
inventories, cost is determined through the use of the last-in, first-out (LIFO) method. The excess of
replacement cost over the stated LIFO value was $87,546 and $80,814 at April 30,2020 and 2019,
respectively. There were no material LIFO liquidations during the period presented. Below is a
summary of the inventory values at April 30,2020 and 2019.
In 2020, Casey's General Stores reported sales revenue of $9,175.3 million and cost of goods sold of
$7,030.6 million.
a. Calculate the amount of inventories purchased by Casey's General Stores in 2020. Round
intermediate calculations and answers to one decimal place.
$
million.
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