Link for the annual report- https://corporate.target.com/annual-reports/pdf-viewer-2016? cover-28067&parts-28073 Refer to the Target 2016 Annual Report. On page 32 of the annual report is Target Income statement (called the Consolidated Statements of Operations). On page 34 is the Balance Shect (called the Consolidated Statements of Financial Position). Note: the Balance Sheet ending date for current Fiscal Year (FY) 2016 is January 28, 2017. The Balance Sheet ending date for prior FY 2015 is January 30, 2016. Requirements: Answer the following questions using Target 2016 Annual Report. You may work with another student but the work must be on your own. Use correct formatting and proper grammar. The financial reports are stated in millions of dollars. When possible, please write answers exactly as they appear in the financial statements. Include commas when writing dollar amounts. Do not include dollar signs. Do not include the word million. Do not include the % sign. Question 9. Did the valuc of inventory incrcase or decrease from the prior ycar? -Increase -Decrcasc Question 10. Review Note 12 Inventory, in the Notes to Consolidated Financial Statements. What does Target include in the cost of inventory? Question . What was the amount of Target' cost of goods sold (cost of sales) for the current FY? million Question 12. What was the amount of Target' cost of goods sold (cost of sales) for the prior FY? million