Use most recent Form 10-K for Snap-on Inc. to complete the requirements below. To obtain the Form 10-K, you can search EDGAR system at sec.gov or search Corporate Information on the company's corporate website at www.snapon.com (Links to an external site.). Read carefully the following portions of the document: Notes to Financial Statements: Note 1 -> Summary of Accounting Policies Shipping and handling Advertising and promotion Note 4: Inventories Questions: When did the company start their business? What are the main products sold by SnapOn? Be specific. Where did you find this information? (2-3 sentences) Snap-on treats shipping and handling costs as BOTH a product cost and also as a period cost. Explain why they do it this way. Where did you find this information? (2 -3 sentences) Does Snap-on treat advertising and promotion costs as product or period costs? How can you tell? Where did you find this information? What are the three main categories of inventory does Snap-on report in its annual report? What is the current value of Snap-On's Inventory on the Balance Sheet. (Indicate if it is "in thousands" or "in millions.") Cite your source. After browsing the annual report, comment on one more interesting thing (nonfinancial) that you learned about Snap-On Inc. during your research. Explain why you found it to be particularly interesting. (2-3 detailed sentences.) Cite your source. Required: Answer each of the above questions in complete sentences. Be sure to fully cite your sources used for each of your answers in 1-5. (One source per item. Example; "Balance Sheet, Assets section" or "Statement of Cash Flows, Investing Activities section." ) As always, reply to two other students by name.