Assume That Algary,Inc $\begin{array}{llcc} \text {BS-Balance Sheet } & \text { IS-Income Statement } & \text { RE-Retained Earnengs} &\\\end{array}$

Assume that Algary,Inc.uses the following financial statements for the year ended December 31,2012. $\begin{array}{llcc} \text {BS-Balance Sheet } & \text { IS-Income Statement } & \text { RE-Retained Earnengs} &\\\end{array}$

Categories on these statements follow:
$\begin{array}{ll}\text { A. } & \text { Current Assets } \\\text { B. } & \text { Investments } \\\text { C. } & \text { Fixed Assets } \\\text { D. } & \text { Intangible Assets } \\\text { E. } & \text { Current Liabilities } \\\text { F. } & \text { Long-Term Liabilities } \\\text { G. } & \text { Stockholders' Equity } \\\text { H. } & \text { Sales and Other Operating Revenue } \\\text { I. } & \text { Cost of Goods Sold } \\\text { J. } & \text { Operating Expenses } \\\text { K. } & \text { Other Income } \\\text { L. } & \text { Other Expense } \\\text { M. } & \text { Additions to Retained Earnings } \\\text { N. } & \text { Deductions from Retained Earnings }\end{array}$

Required:
Indicate by the statement abbreviation and category number how each of the following is best classified or where it is included in the computation.If an item is not reported anywhere,use the letter "X" to indicate this.Only the best answer should be selected.For balance sheet accounts only,if the account balance is normally opposite that of a typical account (contra),set off the answer in parentheses.Samples:
$\begin{array}{llcc}\underline{ \text { IS H } } & \text { Sales } &\\\underline{ \text { (BS C) }} &\text { Accumulated Depreciation } &\\\end{array}$