View Policies Current Attempt in Progress Kellogg Company is the world's leading prodcer 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 $4,400 Bonds payable $4.900 Cost of goods sold 6,800 Inventory Selling and administrative expenses Sales revenue 12,400 Cash Accounts payable 1,070 Notes payable Common stock Interest expense 561 800 3,410 360 50 140 320 Income tax expense 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 Inventory Sales revenue Accounts payable Common stock Prepare an income statement for Kellogg Company for the year ended December 31, 2022. (Enter amounts in millions, eg. 45.) KELLOGG COMPANY Income Statement (in millions) Question 1 of 4 - /25 KELLOGG COMPANY Income Statement (in millions) $