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The following table presents selected items from the 2014 and 2013 balance sheets and 2014 income statement of Walgreen Company. WALGREEN CO. AND SUBSIDIARIES ($

The following table presents selected items from the 2014 and 2013 balance sheets and 2014 income statement of Walgreen Company.

WALGREEN CO. AND SUBSIDIARIES ($ millions)
Selected Balance Sheet Data Selected Income Statement Data
2014 2013 2014
Inventories $16,088 $14,756 Cost of Merchandise Sold $103,384
Property and Equipment, Less Depreciation Expense 1,618
Accumulated Depreciation 23,052 22,368
Trade Accounts Payable 9,620 9,170 Net Earnings 5,428
Retained Earnings 37,754 33,696

a. Compute the cash paid for merchandise inventories in 2014. Assume that trade accounts payable is only for merchandise purchases.
$Answer

b. Compute the net cost of property acquired in 2014.
$Answer

c. Compute the cash dividends paid in 2014.
$Answer

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