The following is what he produced BRIDGEPORT COMPANY Income Statement December 31, 2021 Sales $395.000 Less Uncanned revenue 55.400 3400 8.800 386200 Purchase discounts Total revenue Cost of goods sold Purchases Less: Purchase returns and allowances 232 500 3900 Net purchases 236.400 7.600 Add: Sales returns and allowances 244000 Cost of goods available for sale 9.500 Add: Freight out 2531500 Cost of selling merchandise 0 2 - 20 Operating expenses 4500 Freight in Insurance expense Interest expense 10.500 2.500 Rent expense 18.000 42.000 Salaries experte Total operating expenses 77.500 55.200 Profit margin Other revenues $1.500 Interest revenue 33600 5.100 Investment by owner Other expenses Depreciation expertise 6.300 47.500 53800 141700) 54500 Drawings by owner Profit from operations o . 2 -120 BRIDGEPORT COMPANY Balance Sheet Year Ended December 31, 2021 Assets Cash 516700 Accounts receivable 7.100 29.600 23.500 Merchandise inventory January 1, 2021 Merchandise inventory, December 31 2021 Equipment $63.000 Less loan payable for equipment 50.800 Burchase Totalassets Liabilities and Owner's Equity 12.200 $89.900 SSONO 18 900 Long-term investment Accumulated depreciation equipment * = 0 o Type here to such Question 2 of 3 -120 SY 550.000 th Liabilities and Owner's Equity Long-term investment Accumulated depreciation-equinent Sales discounts Totallaties Owner's culty Total abilities and owner 3.000 722500 17.400 $89.900 The owner of the company, Lily Oliver, is confined by the stated you for youSebenden her Owner's account was $69.200 at December 31, 2030 w 5170 hectares that $17.400 must be correct because the balance sheet. The countries you that statement of owner's equity becautionalmented to do the the statements, the mounted from the accounts in the perder are the mounts tal >> 11 0 o E 3 Olehto search The following is what he produced BRIDGEPORT COMPANY Income Statement December 31, 2021 Sales $395.000 Less Uncanned revenue 55.400 3400 8.800 386200 Purchase discounts Total revenue Cost of goods sold Purchases Less: Purchase returns and allowances 232 500 3900 Net purchases 236.400 7.600 Add: Sales returns and allowances 244000 Cost of goods available for sale 9.500 Add: Freight out 2531500 Cost of selling merchandise 0 2 - 20 Operating expenses 4500 Freight in Insurance expense Interest expense 10.500 2.500 Rent expense 18.000 42.000 Salaries experte Total operating expenses 77.500 55.200 Profit margin Other revenues $1.500 Interest revenue 33600 5.100 Investment by owner Other expenses Depreciation expertise 6.300 47.500 53800 141700) 54500 Drawings by owner Profit from operations o . 2 -120 BRIDGEPORT COMPANY Balance Sheet Year Ended December 31, 2021 Assets Cash 516700 Accounts receivable 7.100 29.600 23.500 Merchandise inventory January 1, 2021 Merchandise inventory, December 31 2021 Equipment $63.000 Less loan payable for equipment 50.800 Burchase Totalassets Liabilities and Owner's Equity 12.200 $89.900 SSONO 18 900 Long-term investment Accumulated depreciation equipment * = 0 o Type here to such Question 2 of 3 -120 SY 550.000 th Liabilities and Owner's Equity Long-term investment Accumulated depreciation-equinent Sales discounts Totallaties Owner's culty Total abilities and owner 3.000 722500 17.400 $89.900 The owner of the company, Lily Oliver, is confined by the stated you for youSebenden her Owner's account was $69.200 at December 31, 2030 w 5170 hectares that $17.400 must be correct because the balance sheet. The countries you that statement of owner's equity becautionalmented to do the the statements, the mounted from the accounts in the perder are the mounts tal >> 11 0 o E 3 Olehto search