M3-22 Preparing an Income Statement and Calculating Net Profit Margin [LO 3-1, LO 3-4, LO 3-5] Required: 1. For and (2) whether it is an asset, liability, stockholders' equity, revenue, or expense account. The first item is given as an example 2. Old Time Cable also reported $4,340 in operating expenses. Based on the available information, determine the company's net sheet (B/5) and (2) whether it is an asset, liablility, stockholders' equity, revenue, or expense 2. Accounts