Analyzing Starbucks' Financial Statements Refer to the financial statements for Starbucks in Appendix A. Assume that Starbucks uses the periodic inventory procedure. 1. Compute the amount of merchandise inventory purchased during the year ended September 28, 2003. (Hint: Use the inventory T-account.) Assume that 80% of the costs listed under "Cost of sales including occupancy costs" are cost of sales. The other 20% are occupancy costs. 2. Compute the inventory turnover for Starbucks for the year ended September 28, 2003. 3. Calculate the gross margin percentage for each of the last 3 years. Comment on any changes.