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USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 2-9 The balance sheet accounts listed below are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year. Account Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock COGS Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales 2020 34,400 35,800 20,840 36,000 50,400 8,000 151,640 10,000 20,000 20,780 30,240 209,700 17,600 93,960 169,600 322,000 2021 33,200 30,960 22,840 38,800 48,640 10,000 165,920 17,600 24,000 20,560 ? 248,680 15,600 102,960 193,800 361,200 8. Which of the following is not an item on the income statement? a. depreciation expense b. interest expense c. operating expense d. cost of goods sold e. cash flow from operations