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. Asset A $105,600 44,000 66,000 16,500 Asset B $121,000 51,700 Original cost Accumulated depreciation (to date of exchange) Fair value at date of exchange Cash paid by Bridgeport, Inc. Cash received by Indigo, Inc. 82,500 16,500 (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 for the amounts.) Debit Credit Account Titles and Explanation Bridgeport, Inc.'s Books Indigo, Inc.'s Books