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Bridgeport Company has the following stockholders equity accounts at Decenber 31. 2020 Common Stock ( $100 par value, authorized 8,300 shares) $484,900 Retained Earnings 274500

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Bridgeport Company has the following stockholders equity accounts at Decenber 31. 2020 Common Stock ( $100 par value, authorized 8,300 shares) $484,900 Retained Earnings 274500 (a) Your answer is correct. enter ofor the amounts.) 270 shares of outstanding stock were purchased at $97 per share. (These are to be acceuntins for uncibeceat enter Ofor the amounts] method. (2) A\$22 per share cash dividend was declared 13) The dividend declared in (2) above was paid, (4) The treasury shares purchased in (1) above were resold at 5103 per share (5) 510 shares of outstanding stock were purchased at 3105 per thare. (6) 340 of the shares purchased in (5) above were resold at sy perstare Prepare the stockholders' equity section of Bridgeport Campaoy's balance theet atter giving effect to thee vanuctians assuming that the net income for 2021 was $88,100, State law requires restriction of cetainet eamings for the antiount al treasury stock. (Enter account name only and do not provide descriptive infarmation)

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