PLEASE HELP ASAP Bridgeport Inc., a retailer of garden tools that follows ASPE, had the following statements prepared as of December 31, 2023:

BRIDGEPORT Inc.

Comparative Statement of Financial Position

December 31

Cash

Accounts receivable

Inventory

Prepaid rent

Equipment

Accumulated depreciation-equipment

Total assets

2023

$65,714

57,300

40,100

6,000

154,000

(33,000)

$290,114

2022

$54,000

50,300

64,000

3,900

132,500

(25,000)

$279,700

Accounts payable

Income tax payable

Long-term loans payable

Common shares

Retained earnings

Total liabilities and shareholders' equity

$46,650

3,900

63,500

132,350

43,714

$290,114

$37,500

6,400

68,500

132,350

34,950

$279,700

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 . 5,000 or