A condensed statement of cash flows for Apple Computer Inc. for the year ended September 24,2005 , is shown here. Use it to answer the questions given after the statement. (LO 5)

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a. Did Apple purchase any property, plant, or equipment during the year?

b. If you were to examine Apple's balance sheet at September 24, 2005, what would be the amount for cash and cash equivalents?

c. Was cash generated from operations or used by operations? By what amount?

d. Did Apple receive any new contributions from owners during the year? How can you tell?

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Apple Computer Inc. Statement of Cash Flows For the year ended September 24, 2005 Cash and cash equivalents, beginning of the year Cash generated by operating activities (in millions) $2,969 2,535 Investing cash flows: Purchase of short-term investments (11,470) Proceeds from maturities of short-term investments 8,609 586 (260) (21) (2,556) Proceeds from sales of short-term investments Purchase of property, plant, and equipment Other Cash generated by (used for) investing activities Financing cash flows: Proceeds from issuance of common stock Cash generated by (used for) financing activities Increase (decrease) in cash and cash equivalents Cash and cash equivalents, end of the year 543 543 522 $ 3,491