15 of 15 View Policies Show Attempt History Current Attempt in Progress > Bridgeport Corporation had the following 2021 income statement data: Sales $201,430 Cost of goods sold 120,000 Gross profit 81,430 Operating expenses (includes depreciation of $20,900) 47,710 Profit $33,720 0/10 III E The following accounts increased during 2021 by the amounts shown: Accounts Receivable, $17,370; Inventory, $11,120; Accounts Payable, $12,970; Mortgage Payable $40,000. (a) Your answer is incorrect. Prepare the cash flows from operating activities section of Bridgeport's 2021 statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000).) Bridgeport Corporation Statement of Cash Flows (Partial) Direct Method Your answer is incorrect. Prepare the cash flows from operating activities section of Bridgeport's 2021 statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a sign eg.-15,000 or in parenthesis es (15,000)) Bridgeport Corporation Statement of Cash Flows (Partial) Direct Method Net Increase in Cash eTextbook and Media 33720