E2-31. Identifying and Classifying Balance Sheet and Income Statement Accounts Following are selected accounts for Staples Inc. for the fiscal year ended January 30, 2016.. Sta a. Indicate whether each account appears on the balance sheet (B) or income statement (I). b. Using the following data, compute total assets and total expenses. $ millions Amount Classification Sales ............. Accumulated depreciation....... Depreciation expense ......... Retained earnings.................................... Net income ..................................... Property, plant, and equipment, net .... Selling, general, and administrative expense .... Accounts receivable. ....... Total liabilities............... Total stockholders' equity........ $21,059 4,375 388 6,900 379 1,586 4,600 1,899 4,788 5,384