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Following is a summary of the investments owned by Bridgeport Corporation, as of January 1, 2023: Investment Percentage of Outstanding Shares Bridgeport s Intention STG

Following is a summary of the investments owned by Bridgeport Corporation, as of January 1, 2023:

Investment Percentage of Outstanding Shares Bridgeport s Intention
STG Corporation 7% To be sold when prices increase
Brach Ltd. 33% Buy additional shares to achieve control of company. Bridgeport has members on Brachs Board of Directors.
Raptor Inc. 1% To be sold when prices increase
CMP Ltd. 24% Hold indefinitely. Another company owns the remaining 76% of shares
Diloph Inc. 8% Hold indefinitely

During 2023, the various companies paid dividends at various times throughout the year, as follows:

Investment Bridgeport s Share of Dividends
STG Corporation $6,570
Brach Ltd. 26,400
Raptor Inc. 2,530
CMP Ltd. 15,800
Diloph Inc. 4,510

Calculate the amount of dividend income to be shown on Bridgeports income statement for 2023.

Dividen Income: $

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