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Question 9 of 12 Current Attempt in Progress Bridgeport Company's income statement contained the following condensed information. Bridgeport Company Income Statement For the Year Ended
Question 9 of 12 Current Attempt in Progress Bridgeport Company's income statement contained the following condensed information. Bridgeport Company Income Statement For the Year Ended December 31, 2025 Service revenue Operating expenses, excluding depreciation Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income Accounts receivable Accounts payable Income taxes payable 2025 $112,000 65,600 20,800 $982,400 2024 Bridgeport's balance sheets contained the following comparative data at December 31. $96,000 51,200 88,000 11,200 25,600 4 $1,552,000 1,096,000 456,000 89,600 $366,400 -/3 E ***
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