The Village of Lake George's General Fund has the following net resources at December 31, 2014

• 5,000 of prepaid insurance
• 25,000 of property taxes receivable - currently due and expected to be collected within 60 days
• 300.000 rainy day fund approved by the township governing board
• 82,500 of supplies inventory
• 33,000 government grant for city park maintenance
• 10.000 contractual obligations for the purchase of park fixtures
• 200,000 to be used to fund government operations in the future

Required:

Prepare the fund balance section of the Balance Sheet.