Problem 10-9 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 Asset B Original cost Accumulated depreciation (to date of exchange Fair value at date of exchange Cash paid by Bridgeport, Inc. Cash recelved by Indigo, Inc. $109,440 $125,400 45,600 53,580 B5,500 68,400 17,100 17,100 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 automaticaly indented when amount is entered. Do not indent manuaily. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Bridgeport Inc.'s Books Debit Credit Indigo, Inc.'s Books LINK TO TEXT Assuming that the exchange of Assets A and B lacks commercial substance, record the exchange for both Bridgeport, Inc. and Indigo, Inc. in accordance with generally accepted accounting principles, (Round intermediate calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 58,971. 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 0 for the amounts