Use Apple's financial statements in Appendix A to answer the following. 1. Identify Apple's long-term debt as reported on its balance sheet at (a) September 29, 2018, and (b) September 30, 2017. 2. Calculate the percentage change in long-term debt from September 30, 2017, to September 29, 2018. 3. If Apple's reported long-term debt continues on the current trend, do we expect total interest expense to increase or decrease? Complete this question by entering your answers in the tabs below. Identify Apple's long-term debt as reported on its balance sheet at (a) September 29, 2018, and (b) September 30, 2017. Note: Enter your answers in millions of dollars. Complete this question by entering your answers in the tabs below. Calculate the percentage change in long-term debt from September 30, 2017, to September 29, 2018. Note: Round your final answer to 1 decimal place. Percentage decreases should be indicated by a minus sign. Complete this question by entering your answers in the tabs below. If Apple's reported long-term debt continues on the current trend, do we expect total interest expense to increase or decrease? Total interest expense to increase or decrease? Aman Tma See accompanying Notes to Consolidated Financial Statements. See accompanyng Notes to Consoldated Financial Statements. Apple Inc. Apple Inc. Apple Inc. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Years ended Cash and cash equivalents, beginning of the year Operating activities: Net income \begin{tabular}{l} September 29, 2018 \\ $20,289 \\ \hline \end{tabular} 59,531 20,484September30,2017 48,351 \begin{tabular}{l} September 24, 2016 \\ $21,120 \\ \hline \end{tabular} Adjustments to reconcile net income to cash generated by operating activities: Depreciation and amortization Share-based compensation expense Deferred income tax expense (benefit) Other Changes in operating assets and liabilities: Accounts receivable, net Inventories Vendor non-trade receivables Other current and non-current assets Accounts payable Deferred revenue Other current and non-current liabilities Cash generated by operating activities Investing activities: Purchases of marketable securities Proceeds from maturities of marketable securities Proceeds from sales of marketable securities Payments for acquisition of property, plant and equipment Payments made in connection with business acquisitions, net Purchases of non-marketable securities Proceeds from non-marketable securities Other Cash generated by (used in) investing activities Financing activities: Proceeds from issuance of common stock Payments for taxes related to net share settlement of equity awards Payments for dividends and dividend equivalents Repurchases of common stock Proceeds from issuance of term debt, net Repayments of term debt Change in commercial paper, net Cash used in financing activities Increase (decrease) in cash and cash equivalents Cash and cash equivalents, end of the year 10,903 5,340 (32,590) (444) (5,322) 828 (8,010) (423) 9,175 (44) 38,490 77,434 (71,356)55,88147,838(13,313)(721)(1,871)353(745)16,066 (71,356)55,88147,838(13,313)(721)(1,871)353(745)16,066