The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,675 on January 1 , 20X1, and $52,625 on December 31 , 20X The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. The worksheet of Bridget's Office Supplies contains the following owner's equity accounts. Net income for the year $42,835. The worksheet of Bridget's Office Supplies contains the following asset and liability accounts. The balance of the Notes Payable account consists of notes that are due within a year. \begin{tabular}{|l|l|l|l|} \hline & & & \\ \hline & & & \\ \hline Total Current Liabilities & & & \\ \hline Owner's Equity & & & \\ \hline & & & \\ \hline Total Liabilities and Owner's Equity & & & \\ \hline \end{tabular}