Classifying Balance Sheet and Income Statement Accounts Following are selected accounts for The Procter & Gamble Company for June 30, 2017. a. Indicate the appropriate classification of each account as appearing in either its balance sheet (B) or its income statement (1). ($ millions) Amount Classification Net sales $65,058 A Income tax expense 3,063 Retained earnings 96,124 Net earnings 15,411 Property, plant & equipment (net) 19,893 Selling, general & administrative expense 18,568 Accounts receivable 4,594 Total liabilities 64,268 Stockholders' equity 56,138 Net earnings from continuing operations 10,194 A 1 . A b. Using the data, compute its amount for total assets. $