The adjusted trial balance of Bridgeport Company for the year ended December 31, 2020, is as follows. Credit Debit $5,200 3,600 2,200 6,300 21,500 13,000 37,200 11,700 Cash Accounts Receivable Note Receivable (due February 20, 2021) Inventory Timberland Land Equipment Patents Accumulated Depletion Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable (due January 15, 2021) Accounts Payable Owner's Capital Sales Revenue Interest Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Amortization Expense Research and Development Expense Bad Debt Expense $ 3,300 900 8,600 4,600 3,500 66,500 59,000 300 22,700 11,600 4,000 1,800 1,600 700 3,500 66,500 59,000 300 Accounts Payable Owner's Capital Sales Revenue Interest Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Amortization Expense Research and Development Expense Bad Debt Expense License Expense Interest Expense Loss on Disposal of Plant Assets Total 22,700 11,600 4,000 1,800 1,600 700 400 700 2,500 $146,700 $146,700 X Your answer is incorrect. Try again. Prepare a retained earnings statement for 2020. Bridgeport Company Owner's Equity Statement V V X V Prepare a classified balance sheet as of December 31, 2020. (List Current Assets in order of liquidity. List Property, Plant and E Bridgeport Company Balance Sheet X Assets I OND Liabilities and Owner's Equity Police 1 2000-2021 John West. All Rights Reser