Kellogg Company is the world's leading producer of ready to eat cereal and a leading producer of grain-based convenience foods such as frozen waffles and cereal bars. Suppose the following items were taken from its 2022 income statement and balance sheet. (All dollars are in millions.) $4.000 700 12.400 Retained earnings Cost of goods sold Selling and administrative expenses Cash Notes payable Interest expense $4,000 Bonds payable 6,500 Inventory 3,000 Sales revenue 300 Accounts payable 40 Common stock 200 Income tax expense 100 810 In each case, identify whether the item is an asset, liability stockholders equity. revenue or expense. Retained earnings Cost of goods sold 16M Selling and administrative expenses a $ 350