CALCULATOR MESSAGE MY INSTRUCTOR FULL SC JRCES ORK Exercise 1-10 The following items and amounts were taken from Lonyear Inc.'s 2022 income statement and balance sheet. Cash $ 84,700 Accounts receivable $ 88,419 Retained earnings 123,192 Sales revenue 584,951 Cost of goods sold 438,458 Notes payable 6,499 Salaries and wages expense 115,131 Accounts payable 49,384 Prepaid insurance 7,818 Service revenue 4,806 Inventory 64,618 Interest expense 1,882 dy 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 Accounts receivable Sales revenue