The Village of Parry reported the following for its Print Shop Fund for the year ended April 30, 2020.

The Print Shop Fund records also revealed the following:

The following balances were observed in current asset and current liability accounts. ( ) denote credit balances:

Prepare a Statement of Cash Flows for the Village of Parry Print Shop Fund for the year ended April 30, 2020. Include the reconciliation of operating income to net cash provided by operating activities.

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VILLAGE OF PARRY-PRINT SHOP FUND Statement of Revenues, Expenses, and Changes in Net Position For the Year Ended April 30, 2020 Operating revenues: Charges for services Operating expenses: Salaries and benefits $1,118,000 $495,000 260,000 200,000 Depreciation Supplies used 72,000 Utilities 1,027,000 91,000 Total operating expenses Income from operations Nonoperating income (expenses): Interest revenue 3,000 Interest expense (5,000) Total nonoperating expenses Income before transfers (2,000) 89,000 180,000 269,000 Transfers in Changes in net position Net position-beginning Net position-ending 1,120,000 $1,389,000