The following accounts appear in the general ledger of Bridgeport Corp during 2017

From the postings in the accounts indicate how the information is reported on a statement of cash flows using the indirect method. The loss of disposal of plant assets was $8,552( hint: cost of the equipment constructed is reported in the investing activities sectruon as a decrease in cash of $56,657

itmapdreams. sw t 2015 New Fashion... Tsukem. O The following three accounts appear in the general ledger of Bridgeport Corp. during 2017 Equipment Date Jan. 1 July 31 Sept. 2 Nov. 10 Balance Purchase of equipment Cost of equipment constructed Cost of equipment sold Debit Credit Balance 171,040 245,870 302,527 52,381 250,146 74,830 56,657 Accumulated Depreciation-Equipment Date Jan. 1 Nov. 10 Dec. 31 Balance Accumulated depreciation on equipment sold Depreciation for year Debit Credit Balance 75,899 58,795 29,932 88,727 17,104 Retained Earnings Date Jan. 1 Aug. 23 Dec. 31 Debit Credit Balance Balance Dividends (cash) Net income 112,245 97,279 76,968 174,247 14,966 25010 hot decrease