eTextbook and Media Sava for Lar Question 5 of 5 < Bridgeport Corporation Comparative Balance Sheets December 31 2025 2024 Cash $16.500 $19.500 Accounts receivable 25.100 22,000 Investments 20,400 15,900 Equipment 65,700 77,500 Accumulated depreciation-aquipment (14,400) (10,600) Total $113,300 $123,300 Accounts payable $14,900 $11,900 Bonds payable 14,000 35,000 Common stock 54,000 47,500 Retained earnings 30,400 28,900 Total $113,300 $123,300 Additional information: 1. Net income was $18,400. Dividends declared and paid ware $16,900. 2. Equipment which cost $11,800 and had accumulated depreciation of $1,400 was sold for $3,600. 3. No noncash investing and financing activities occurred during 2025. 4. Bonds were retired at their carrying value. (a) Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a signe -15,000 or in parenthesis eg. (15.000 BRIDGEPORT CORPORATION Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to < < < < < < $ Attempts 0 of 3 used Sam Argwar