28. Use the following abbreviations to indicate on which statement you would find each item below. Some items may appear on more than one statement. Include all abbreviations that would apply. (8 points)

IS Income Statement

SRE Statement of Retained Earnings

BS Balance Sheet

1. __ __ Capital Stock

2. _ ___ Retained Earnings

3. _ ___ Net Income

4. _ ___ Equipment

5. _ ___ Inventory

6. _ ___ Loss on Sale of Equipment

7. _ ___ Cash

8. _ ___ Income Tax Expense