Exercise 1-10 The following items and amounts were taken from Sandhill Co.'s 2022 income statement and balance sheet. Cash $ 91,800 Accounts receivable $ 89,200 Retained earnings 123,900 Sales revenue 582,600 Cost of goods sold 436,700 Notes payable 6,600 Salaries and wages expense 118,100 Accounts payable 50,600 Prepaid insurance 7,900 Service revenue 5,200 Inventory 64,900 Interest expense 1,850 In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense item. Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory Accounts receivable Sales revenue Notes payable Accounts payable Service revenue Interest expense