Your answer is partially correct. Bridgeport Company reported 2020 net income of $150,200 was based on sales of $585,000. During 2020, accounts receivable increased by $13,100 and accounts payable increased by $9,600. Depreciation expense was $53,000, cost of goods sold of $180,000, salaries and wages of $155,000, depreciation expense of $53,000, and income tax expense of $46,800. Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. Bridgeport Company Statement of Cash Flows (Partial) Cash Flows from Operating Activities Cash Received from Customers $ 598100 Cash Paid to Suppliers $ 242600 Cash Paid to Employees V 155000 Taxes Paid 46800 i 444400 Net Cash Provided by Operating Activities $ 153700