Top Ten Corporation, a nationwide insurance chain, reported the following selected amounts in its financial statements for the year ended August 31, 2014 (adapted, in millions):

Requirement
1. Determine the following for Top Ten Corporation during 2014.
a. Collections from customers
b. Payments for inventory
c. Payments of operating expenses
d. Acquisitions of property and equipment; no sales were made during 2014
e. Long-term borrowing, assuming Top Ten made no payments on long-term liabilities
f. Proceeds from issuance of common shares
g. Payment of cash dividends

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Income Statement 2014 2013 Net Sales Cost of Goods Sold Depreciation Expense Other Expense. Income Tax Expense .. Net Income $24,623 $21,207 18,048 15,466 230 4,883 4,248 486 269 537 886 Balance Sheet 2014 2013 S 17 13 615 3,482 2,831 4,345 3,428 Accounts Payable..1,547 1,364 848 464 446 4,531 3,788 Cash and Cash Equivalents Accounts Receivable Inventories Property and Equipment, Net 798 938 478 676 Long-Term Liabilities. Retained Earnings