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) $ 71,230 $182,795 (130,292) $ 52,503 a. REQUIRED Develop a cost-estimation equation for Apple's annual cost of revenues and operating expenses. b. Determine Apple's annual break-even point. 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. C