The City of Saltwater Beach established an enterprise fund two years ago to construct and operate Tribute Aquatic Center, a public swimming pool. The pool was completed and began operations last year. All costs, including repayment of debt, are to be paid by user fees. The fund€™s pre-closing trial balance for the current year, is shown below.

Additional information concerning the Tribute Aquatic Center Fund follows.
1. All bonds payable were used to acquire property, plant, and equipment.
2. Each year a payment is required on January 1 to retire an equal portion of the bonds payable.
3. Equipment was sold for cash at its carrying value of $9,250.
4. Total cash received from customers was $2,038,355 and cash received for interest and dividends was $92,500; of this amount, $75,000 was restricted cash. There were no other changes to restricted cash during the year.
5. Cash payments included $1,038,800 for personnel expenses, $185,800 for utilities, $86,225 for repairs and maintenance, $323,840 for interest on bonds, and $65,900 for supplies.
6. The beginning balance in Cash was $99,300, Accounts Receivable was $3,580, Supplies was $9,525, and Accounts and Accrued Payables was $28,375. Accrued Payables include personnel expenses, utilities, and repairs and maintenance.
7. The net position categories shown on the preclosing trial balance have not been updated to reflect correct balances at year-end.

Required
a. Prepare the statement of revenues, expenses, and changes in fund net position for the Tribute Aquatic Center for the year just ended.
b. Prepare the statement of net position for the Tribute Aquatic Center at year-end.
c. Prepare the statement of cash flows for the Tribute Aquatic Center at year-end.

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Debits Credits Cash and Cash Equivalents 182,240 Accounts Receivable 5,225 Supplies Restricted Cash and Cash Equivalents Land 8,225 942,000 1,400,000 925,000 Buildings and Equipment Accumulated Depreciation-Buildings and Equipment Improvements Other Than Buildings Accumulated Depreciation-Improvements Other Than Buildings Accounts and Accrued Payables Current Portion of Long-term Debt–Bonds Bonds Payable Net Position-Net Investment in Capital Assets 41,625 4,715,000 212,175 22,150 281,600 6,195,200 174,010 867,000 Net Position-Restricted Net Position-Unrestricted 84,030 2,040,000 92,500 Charges for Services Interest and Dividend Income Personnel Expenses Utilities Expense Repairs and Maintenance Supplies Expense Depreciation Expense Interest Expense 1,034,000 188,500 82,100 67,200 136,960 323,840 $10,010,290 $10,010,290