13) What information does a firm's income statement provide to the viewing public? A) an itemization of all of a firm's assets and liabilities for a defined period of time B) a complete listing of all of a firm's cash receipts and cash expenditures for a defined period of time I C) a report of revenues and expenses for a defined period of time D) a report of investments made and their cost for a specific period of time 14) A firm's financing costs include A) depreciation expense. B) interest expense C) costs of goods sold. D) both A and B. 15) All of the following are income statement items EXCEPT A) inventory B) depreciation expense. C) cost of goods sold. D) interest expense. 16) All of the following are equity accounts on a balance sheet EXCEPT A) retained earnings. B) accounts payable C) common stock D) paid-in capital