Project Summary: 1,050 word paper Note: The financial statements of Apple, Inc. are presented in Appendix A (below are 5 small screenshots attachments) of Financial Accounting. Instructions for accessing and using the company's complete annual report, including the notes to the financial statements, are also provided in Appendix A. **Complete a 1,050-word summary of findings and recommendations from the following questions: -What were the total cost and book value of property, plant, and equipment at September 27, 2014? -Using the notes to find financial statements, what method or methods of depreciation are used by Apple for financial reporting purposes? -What was the amount of depreciation and amortization expense for each of the three years 2012-2014? (Hint: -Use the statement of cash flows). -Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased in 2014 and 2013? -Using the notes to the financial statements, explain in the summary how Apple accounted for its intangible assets in 2014. -Use the Week 2 Excel spreadsheet below