The financial statements of Apple are presented in Appendix D. The complete annual report, including the notes to the financial statements, is available at the company’s website.

Instructions
Use the company’s financial statements and notes to the financial statements, available at the company’s website, to answer the following questions.
a. What were the total cost and book value of property, plant, and equipment at September 24, 2016?
b. What method or methods of depreciation are used by Apple for financial reporting purposes?
c. What was the amount of depreciation and amortization expense for each of the 3 years 2014–2016?
d. Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased (capital expenditures) in 2016 and 2015?
e. Explain how Apple accounted for its intangible assets in 2016.