For each of the five independent situations below, prepare a journal entry that summarizes the purchases, sales, and payments related to inventories in order to determine the amount of cash paid to suppliers and explain the change in each account shown. All dollars are inmillions.

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Situation Cost of Goods sold Inventory Increase (Decrease) Accounts Payable Increase (Decrease Suppliers Cash Paid to 200 200 200 200 200 14 14 (14) 4