On August 1, Bridgeport, Inc. exchanged productive assets with Indigo, Inc. Bridgeport's asset is referred to below as "Asset A," and Indigo' is referred to as "Asset B." The following facts pertain to these assets. Original cost Accumulated depreciation (to date of exchange) Fair value at date of exchange Cash paid by Bridgeport, Inc. Cash received by Indigo, Inc. Asset A $130,560 54,400 81,600 20,400 Asset B $149,600 63,920 102.000 20,400 (a) Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both Bridgeport, Inc. and Indigo, Inc. in accordance with generally accepted accounting principles. (Round answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Debit Credit Account Titles and Explanation Bridgeport, Inc.'s Books Indigo, Inc.'s Books (b). Assuming that the exchange of Assets A and B lacks commercial substance, record the exchange for both Bridgeport, Inc. and Indigo, Inc. in accordance with generally accepted accounting principles. (Round intermediate calculations to 5 decimal places, e.g. 1.25124 and final answer to O decimal places e.g. 58,971. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Debit Credit Account Titles and Explanation Bridgeport, Inc.'s Books Indigo, Inc.'s Books