View Policics

Current Attempt in Progress

The following three accounts appear in the general ledger of Bridgeport Corp during $2025.$

$\backslash$table$[[$Equipment$],[$Ian$.1$ Bal.,$184,000,$Nov. $10$ Cost of equipment sold,$56\mathrm{.}350],[$July $31$ Purchase of equipment,$80\mathrm{.}500,,],[$Sept $2$ Purchase of equipment,$60,950,,],[$Bal:$,269,100,,]]$

$\backslash$table$[[$Accumulated Depreciation$-$Equipment$],[$Jan$.1$ tal,$81,650,$Dec. $31$ Depreciation for year,$32\mathrm{.}200],[\backslash$table$[[$Nov $10$ Accumbilated depreciation$],[$on equlpment sold$]],18\mathrm{.}400,,],[$Ball$,95,450,,]]$

$\backslash$table$[[$Retained Earnings$],[$J$$n$.1$ Bal.,$120,750,$Dec $31$ Net income,$82,800],[$Aug$.23$ Dividends $($cash$),16,100,$cit,$+1],[$Gal$,187,450,,]]$

From the postings in the accounts, indicate how the information is reported by preparing a partial statement of cash flows using the indirect methad. The loss on disposal of plant axkets was $$9,200.($Show amounts that decrease cash flow with either a $-$ sian es $-15,000$ or in parenthesis eg$.(15,000)$

BRIDGEPORT CORP.

Statement of Cash Flows $($Partiel$)-$ Indirect Method

$

Adjustments to reconcile net income to