Following are selected accounts for Briggs & Stratton Corporation for June 28, 2011. a. Indicate the appropriate classification of each account as appearing in either its balance sheet (B) or its income statement (I).

Net Sales	$2,200	AnswerIB
Interest Expense	23	AnswerIB
Retained Earnings	1,093	AnswerIB
Net Income	24	AnswerIB
Property, Plant & Equipment, net	329	AnswerIB
Engineering, Selling, General & Administrative Expense	301	AnswerIB
Accounts Receivable, net	249	AnswerIB
Total Liabilities	928	AnswerIB
Total Shareholders' Equity	777	AnswerIB

b. Using the data, compute its amounts for total assets and for total expenses. Total Assets $Answer Total Expenses $Answer c. Estimate BGG's return on equity (use year-end equity instead of average equity) and its debt-to-equity ratio. (ROE and debt-to-equity were defined in Chapter 1.) Round your answers to one decimal place. Return on equityAnswer% Debt-to-Equity RatioAnswer