Following are selected accounts for Terex Corp for the fiscal year ended December 31, 2018. 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.

$ millionsAmountClassificationTotal revenues$5,125.00

AnswerBI

Accrued compensation and benefits152.20

AnswerBI

Depreciation and amortization expense59.70

AnswerBI

Retained earnings749.00

AnswerBI

Net income113.70

AnswerBI

Property, plant, and equipment, net345.60

AnswerBI

Selling, general, and administrative expense673.50

AnswerBI

Inventory1,212.00

AnswerBI

Total liabilities2,624.90

AnswerBI

Total stockholders equity861.00

AnswerBI

Total assets: $Answer

million