Bridgeport Inc., a retailer of garden tools that follows ASPE, had the following statements prepared as of December 31,2023 : Additional information: 1. Dividends on common shares in the amount of $11,100 were declared and paid during 2023. 2. Depreciation expense of $23,050 is included in operating expenses. 3. Equipment with a cost of $21,500 that was 70% depreciated was sold during 2023 . Oor