Arrange the following items in the appropriate income statement and balance sheet formats. Determine in which of these two documents each of these items belongs, then include all appropriate items in outlines of an income statement and balance sheet. Prepare your response as a Word document.
	Sales Cash Depreciation expense Inventory Accounts payable Cost of goods sold Long-term debt Accrued expenses Accounts receivable Income tax payable	Income tax expense Retained earnings Accumulated depreciation Prepaid expenses Interest expense Sales tax payable Operating expenses Gross profit Contributed capital