a) In each, case, identify whether the item is an asset, liability, stockholder's equity, revenue, or expense item. Cash and short-term investments $84,700 Retained earnings 123,192 Cost of goods sold 438,458 Selling, general, and administrative expenses 115,131 Prepaid expenses 7,818 Inventories 64,618 Receivables 88,419 Sales revenue 584,951 Income taxes payable 6,499 Accounts payable 49,384 Franchising revenues 4,786 Interest expense 1,994