Exercise 1-11 The following items and amounts were taken from Ivanhoe Company's 2022 income statement and balance sheet, the end of its first year of operations. Interest expense $ 2,400 Equipment, net $ 54,900 Interest payable 550 Depreciation expense 3,300 Notes payable 11,400 Supplies 4,200 Sales revenue 47,500 Common stock 25,650 Cash 3,500 Retained earnings Salaries and wages expense 16,100 Supplies expense 700 In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense item. Interest expense Interest payable dy. Notes payable Sales revenue Next TER VERSION (BA V Sales revenue V Cash Salaries and wages expense