Question 5 of 5 -/2 E 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.) Retained earnings $5,700 Bonds payable $4,700 Cost of goods sold 6,860 Inventory 880 Selling and administrative expenses 3,550 Sales revenue 13,000 Cash 400 Accounts payable 1,130 Notes payable 50 Common stock 150 Interest expense 280 Income tax expense 693 (a) In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense. Retained earnings Cost of goods sold Selling and administrative expenses Question 5 of 5 In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense. Retained earnings Cost of goods sold Selling and administrative expenses Cash Notes payable Interest expense Bonds payable 0 Inventory Sales revenue Accounts payable 0 Common stock Income tax expense