The notes that accompany a company's financial statements provide informative details that would clutter the amounts and descriptions presented in the statements. Refer to the financial statements of Apple Inc. in Appendix A. The complete annual report, including the notes to the financial statements, is available at the company's website. Click here to view Appendix A. Answer the following questions. (Give the am&unts in millions of dollars, as shown in Apple's annual report.) What did Apple report for the amount of inventories in its Consolidated Balance Sheet at September 30, 2017? At September 24, 2016? (Give the amounts in thousands of dollars.) 2017 2016 Inventories $ $ Appendix A Specimen Financial Statements: Apple Inc. Once each year, a corporation communicates to its stockholders and other interested parties by issuing a complete set of audited financial statements. The annual report, as this communication is called, summarizes the financial results of the company's operations for the year and its plans for the future Many annual reports are attractive, multicolored, glossy public relations pieces containing pictures of corporate officers and directors as well as photos and descriptions of new products and new buildings. Yet the basic function of every annual report is to report financial Information, almost all of which is a product of the corporation's accounting system, The content and organization of corporate annual reports have become fairly standardized. Excluding the public relations part of the report (pictures, products, etc.), the following are the traditional financial portions of the annual report: Financial Highlights . Letter to the Stockholders Management's Discussion and Analysis Financial Statements Notes to the Financial Statements Management's Responsibility for Financial Reporting Management's Report on Internal Control over Financial Reporting Report of Independent Registered Public Accounting Firm Selected Financial Data The official SEC filing of the annual report is called a Form 10-K, which often omits the public relations pieces found in most standard annual reports. On the following pages, we present Apple Inc.'s financial statements taken from the company's 2017 Form 10-K. The complete Form 10-K, including notes to the financial statements, is available at the company website Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS In member of which are relied in thousands and perhere amount