The following items and amounts were taken from Sheridan Company's 2017 income statement and balance sheet. Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory Accounts receivable Sales revenue Notes payable Accounts payable Service revenue Interest expense 92,100 122,100 438,800 116,200 8,000 65,000 90,700 593,700 6,600 50,900 4,600 1,760 In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense item. Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory Accountseceivable Sales revenue Notes payable Accounts payable Service revenue Prepare an income statement for Sheridan Company for the year ended December 31, 2017 Sheridan Company