Research APPLE INC's latest financial statements and announcement of quarterly or annual dividends per share, an announcement of a stock split of one to two, and the purchase of treasury stock. If all three events did not take place, imagine based on the latest financial statements of the company that it had all three events took place in the company and build a scenario and projections as follows:

1. Discuss the primary reporting alternatives APPLE has for the repurchase of its own shares and how each option would affect total shareholders equity.
2. How would the stock split of one for two be accounted for and how would it affect shareholders equity and why?
3. How would APPLE account for the cash dividends from declaration to the date of payment? What are the important dates for dividends payment and how would it affect the balance sheet and why?