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The comparative balance sheets of Bridgeport Corporation at the beginning and end of the year 2020 appear below. Net income of $46,220 was reported, and

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The comparative balance sheets of Bridgeport Corporation at the beginning and end of the year 2020 appear below. Net income of $46,220 was reported, and dividends of $34,700 were paid in 2020 . New equipment was purchased and none was sold. BRIDGEPORT CORPORATION Statement of Cash Flows Adjustment to reconcile net income to $ $

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