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Assignment Problem 1-2-3A The income statement of Bridgeport Corp. is presented here. Bridgeport Corp. Income Statement For the Year Ended November 30, 2017 Sales revenue

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Assignment Problem 1-2-3A The income statement of Bridgeport Corp. is presented here. Bridgeport Corp. Income Statement For the Year Ended November 30, 2017 Sales revenue $7,636,400 Cost of goods sold Beginning inventor $1,902,800 Purchases 4,367,700 Goods available for sale 6,270,500 Ending inventory 1,599,500 Total cost of goods sold 4,671,000 Gross profit 2.965,400 Operating expenses Selling expenses 447,600 Administrative expenses 691,300 1.138.900 $1,826,500 Additional information 1. Accounts receivable decreased 5380,600 during the year and inventory decreased $303.300. 2. Prepaid expenses increased $147,000 during the year 3. Accounts payable to suppliers of merchandise decreased $349.500 during the year. 4. Accrued expenses payable decreased $99.800 during the year 5. Administrative expenses include depreciation expense of $108.700. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2017 for Bridgeport Core using the Indirect method. (Show ho w All Rights Reserved. A Division to

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