E1-3 Matching Financial Statement Items to the Four Basic Financial Statements Oakley, Inc., manufactures sunglasses, goggles, shoes, watches, footwear, and clothing. Recently, the company reported the following items in its financial statements. Indicate whether these items appeared on the balance sheet (B/S), income statement (I/S), statement of owners’ equity (SOE), or statement of cash flows (SCF). ____ 1. Total owners’ equity ____ 5. Total liabilities ____ 2. Sales Revenue ____ 6. Net income ____ 3. Total assets ____ 7. Cash flows from financing activities ____ 4. Cash flows from operating activities