5) Bridgeport Enterprises reported the following figures from its adjusted trial balance for its first year of business, which ended on June 30, 2025.

Accounts Payable	$ 4,800
Accounts Receivable	3,600
Accrued Liabilities	1,400
Administrative Expenses	3,800
Cash	4,500
Bridgeport, Capital	7,550
Cost of Goods Sold	23,500
Bridgeport, Withdrawals	2,000
Equipment, net	8,500
Interest Expense	150
Merchandise Inventory	2,500
Net Sales Revenue	35,000
Notes Payable, Long-term	1,500
Selling Expenses	1,700

Requirements:

a. Prepare a multi-step income statement.

b. Prepare the statement of owner's equity. No additional owner contributions were made during the period.

c. Prepare a classified balance sheet.

d. Compute the gross profit percentage.