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Following is the comparative statement of financial position for Bridgeport Corporation: Bridgeport Corporation Statement of Financial Position As at December 31 Assets 2021 Cash $600.200

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Following is the comparative statement of financial position for Bridgeport Corporation: Bridgeport Corporation Statement of Financial Position As at December 31 Assets 2021 Cash $600.200 Accounts receivable 150,000 Merchandise inventory 750,200 Prepaid operating expenses 25.000 FV. Nlinvestments 350.100 Equipment 1,875.100 Less. Accumulated depreciation (149.900) $3,600,700 Liabilities and Shareholders' Equity Accounts payable $225,000 Income tax payable 25.000 Bonds payable 100,200 Common shares 1.400,200 Retained earnings 1.850,300 $3,600700 2020 $300,100 175, 100 500,100 30,100 250,100 1.800,100 (80,000 $2.975,600 $200,100 30,100 250, 100 1.200,100 1.295,200 $2.975,600 During 2021, Bridgeport Corporation earned a profit of $680,100. Depreciation expense was 5114,800. Equipment was solel at a Rain of $20,100 Prepare the operating activities Section of the statement of cash flows, using the indirect method, (Show amounts that decrease cash flow with either a signes -15,000 or in parenthesis es (15,0000 Bridgeport Corporation Partial Statement of Cash Flows Adjustment to reconcile profitto net cash provided by operating activities Attempts of lused Sun Anwwe

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