Identifying and Classifying Balance Sheet and Income Statement AccountsFollowing are selected accounts for Staples, Inc., for the fiscal year ended February 2, 2013(a) Indicate whether each account appears on the balance sheet (B) or income statement (I).Staples, Inc. ($ millions) Amount ClassificationSales $24,381 IAccumulated depreciation 4,067 BDepreciation expense 408 IRetained earnings 6,694 B Net income (loss) (211) IProperty, plant & equipment, net 6,030 BSelling, general and admin expense 4,884 IAccounts receivable 1,816 BTotal liabilities 6,144 BStockholders' equity 6,136 B(b) Using the data, compute total assets and total expenses.i. Total Assetsii. Total Expenses(c) Compute net profit margin (net income/sales) and total liabilities-to-equity ratio (total liabilities/stockholders' equity). (Round your answers to two decimal places.)i. Net Profit Marginii. Total Liabilities-to-Equity Ratio