Obtain the 2020 annual report of Apple, Inc. from the investor relations portion of its website (the annual report is also available here download). After reviewing the annual report, respond to the following questions:

e. With regard to the statement of cash flows:

i. What amount did Apple report for cash flow from operating activities for 2020?

ii. Is the trend in cash flow from operating activities consistent with the trends in net income?

iii. BONUS QUESTION. The computation of cash flow from operating activities starts with net income and ends with cash flow from operating activites. The items that explain or "reconcile" these two are items like depreciation and changes in accounts receivable or changes in inventory. Can you explain why these items are added and subtracted? Specifically, why is depreciation added; why is a reduction in accounts receivable added; and why is a decrease in accounts payable subtracted?

f. Who were Apples auditors? What does Apples audit report say about the companys financial statements (e.g, what type of things are included in the audit report)?