Question: a . Indicate whether each account appears on the balance sheet ( B ) or income statement ( I ) . $ millionsAmountClassificationTotal revenues$ 1

a. Indicate whether each account appears on the balance sheet (B) or income statement (I).
$ millionsAmountClassificationTotal revenues$11,787.5Balance SheetIncome StatementAccrued compensation and benefits$350.1Balance SheetIncome StatementDepreciation and amortization expense$137.3Balance SheetIncome StatementRetained earnings$1,722.7Balance SheetIncome StatementNet income$261.5Balance SheetIncome StatementProperty, plant, and equipment, net$794.9Balance SheetIncome StatementSelling, general, and administrative expense$1,549.1Balance SheetIncome StatementInventory$2,787.6Balance SheetIncome StatementTotal liabilities$6,037.3Balance SheetIncome StatementTotal stockholders equity$1,980.3Balance SheetIncome Statement
b. Using the given data (account balances and financial statement balances), compute total assets and total expenses. Note: Do not round your answers. Do not use any negative signs.
$ millionsTotal Assets:Total Expenses:

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