P15-34. CVP Analysis Using Published Financial Statements Condensed data in millions of dollars from Apple's 2014 and 2015 income statements follow: 2015 2014 Revenues.. Total cost of revenues and operating expenses. Operating income.. $233,715 (162,485) $182,795 (130,292) $ 52,503 $ 71,230 a. REQUIRED Develop a cost-estimation equation for Apple's annual cost of revenues and operating expenses. b. Determine Apples annual break-even point. c. Predict operating profit for 2016, assuming 2016 sales of $284,000 million. d. Identify the assumptions required to use the equations and amounts computed above