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Bridgeport Corp.'s statement of financial position at the end of 2022 included the following items: Current assets $1,255,000 Current liabilities $1,113,100 Land 31,000 Bonds

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Bridgeport Corp.'s statement of financial position at the end of 2022 included the following items: Current assets $1,255,000 Current liabilities $1,113,100 Land 31,000 Bonds payable 1,301,000 Buildings 1,260,000 Common shares 184,000 Equipment 330,000 Retained earnings 175,000 Accumulated depreciation-buildings (133,000) Accumulated depreciation-equipment (11,100) Intangible assets-patents 41,200 Total $2,773,100 Total $2,773,100

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