Identify and classify Balance Sheet and Income Statement Accounts.

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

1. Indicate whether each account appears on the balance sheet (B) or income statement (I).
2. Using the following data, compute total assets and total expenses.

$ Millions	Amount	Classification
Total Revenues	$5,125.0
Accrued compensation and benefits	152.2
Depreciation and amortization expense	59.7
Retained Earnings	749.0
Net Income	113.7
Property, plant and equipment, net	345.6
Selling, general and administrative expense	673.5
Inventory	1,212.0
Total liabilities	2,624.9
Total stockholders' equity	861.0