Wolverine World Wide, Incorporated, designs, markets, and licenses casual, industrial, performance outdoor, and athletic footwear and apparel under a variety of brand names, such as Hush Puppies, Wolverine, Merrell, Sperry, and Saucony, to a global market. The following transactions occurred during a recent year. Dollars are in millions.

1. Issued common stock to investors for $17.4 cash (example).
2. Purchased $1,657.6 of additional inventory on account.
3. Paid $33.1 on long-term debt principal and $2.6 in interest on the debt.
4. Sold $2,378 of products to customers on account.
5. Cost of the products sold was $1,419.6.
6. Paid cash dividends of $36 to shareholders.
7. Purchased for cash $29.4 in additional property, plant, and equipment.
8. Incurred $715.6 in selling expenses, paying three-fourths in cash and owing the rest on account.
9. Earned $0.5 of interest on investments, receiving 80 percent in cash.
10. Incurred $33 in interest expense to be paid at the beginning of next year.