The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,375 on January 1, 20X1, and $52,325 on December 31, 20X1. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses.

Accounts 401 Sales $ 246,800 Credit 451 Sales Returns and Allowances 4,310 Debit 491 Miscellaneous Income 360 Credit 501 Purchases 103,200 Debit 502 Freight In 1,935 Debit 503 Purchases Returns and Allowances 3,560 Credit 504 Purchases Discounts 1,760 Credit 611 Salaries Expense—Sales 44,900 Debit 614 Store Supplies Expense 2,270 Debit 617 Depreciation Expense—Store Equipment 1,470 Debit 631 Rent Expense 13,100 Debit 634 Utilities Expense 2,960 Debit 637 Salaries Expense—Office 20,700 Debit 640 Payroll Taxes Expense 5,600 Debit 643 Depreciation Expense—Office Equipment 530 Debit 646 Uncollectible Accounts Expense 680 Debit 691 Interest Expense 660 Debit The worksheet of Bridget's Office Supplies contains the following owner’s equity accounts.

Accounts 301 Bridget Swanson, Capital $ 63,360 Credit 302 Bridget Swanson, Drawing 40,500 Debit Net income for the year $43,115.

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.

Accounts 101 Cash $ 6,305 Debit 107 Change Fund 460 Debit 111 Accounts Receivable 5,100 Debit 112 Allowance for Doubtful Accounts 820 Credit 121 Merchandise Inventory 52,325 Debit 131 Store Supplies 1,060 Debit 133 Prepaid Interest 110 Debit 144 Store Equipment 10,800 Debit 142 Accumulated Depreciation—Store Equipment 1,140 Credit 151 Office Equipment 3,320 Debit 152 Accumulated Depreciation—Office Equipment 460 Credit 201 Notes Payable 5,460 Credit 203 Accounts Payable 3,685 Credit 216 Interest Payable 90 Credit 231 Sales Tax Payable 1,850 Credit Prepare a balance sheet dated December 31, 20X1.