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Ferragosto, Inc had net income of $49 250 in the current year. Additional information for the year follows (Click the icon to view the financial data.) Prepare the operating section of the cash flow statement under the indirect method. (Use a minus sign or parentheses for any numbers to be subtracted and/or net cash used by operating activities. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Ferragosto, Inc. Partial Statement of Cash Flows (Indirect Method) More Info Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Amount It experienced net unrealized losses on investment securities of $4,300 reported in net income and net unrealized losses of $2,470 reported in other comprehensive income ealized Losses on Fair Value Investments Equity Method Income in Excess of Cash Distributions Excess of Pension Fu Ferragosto reported $7,370 in income from investments it accounts for under the equity method. It received $1,910 in cash dividends from these investments over Pension Expense The firm determined that its pension expense for the year is $5,100 and contributed $6,110 into its plan during the year Ferragosto expensed $3,490 of employee compensation paid in equity shares (a noncash expense). Ferragosto amortized $520 of bond discount Bond Discount Amortization Net Cash Provided (Used) by Operating Activities Print Done