Indicate whether the item is on the balance sheet or the income statement. If it is on the balance sheet, designate which category. Accounts receivable Income Statement$/$ Balance Sheet Category Retained earnings Income tax expense Accrued expenses Cash Selling and administrative expenses Plant and equipment Operating expenses Marketable securities Interest expense Sales Notes payable $(6$ months$)$ Bonds payable, maturity $45$ years Common stock Depreciation expense Inventories Capital in excess of par value Net income $($earnings after taxes$)$ Income tax payable