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The following items and amounts were taken from Crane Company's 2022 income statement and balance she Cash $90,800 Accounts receivable $91,000 Retained earnings 124,300 Sales

The following items and amounts were taken from Crane Company's 2022 income statement and balance she Cash $90,800 Accounts receivable $91,000 Retained earnings 124,300 Sales revenue 590,200 Cost of goods sold 436,400 Notes payable 6,500 Salaries and wages expense 118,600 Accounts payable 56,400 Prepaid insurance 8,100 Service revenue 4,900 Inventory 65,000 Interest expense 1,870 (a) In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense item. v Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory Accounts receivable Sales revenue Notes payable v Accounts payable Service revenue Interest expense

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