140)On July 1, 2019, the City of Saratoga Springs decided to purchase a privately operated swimming pool and to have a Swimming Pool (Enterprise) Fund. During the year, the following transactions occurred:(a) A permanent contribution of $ 1,200,000 was received from the General Fund.(b) $ 500,000 was borrowed with a Note Payable from a local bank at an interest rate of 6%. The note was dated July 1, 2019 and interest is paid on 6/30 each year.(c) Purchased for cash several items, the cost breakdown was: land, $300,000; building, $800,000, land improvement, $400,000; equipment, $300,000; supplies, $190,000.(d) Charges for services amounted to $1,130,000, all received in cash.(e) Cash expenses included: salaries, $575,000; utilities, $140,000; interest (paid on 6/30/2020), $30,000.(f) Supplies were consumed in the amount of $120,000.(g) Depreciation was recorded for: building, $40,000, land improvement, $50,000; equipment, $30,000.(h) The books were closed. Close all accounts to Net Position.

Required:

4. Prepare, in good form, a Statement of Cash Flows for the City of Saratoga Springs Swimming Pool Fund for the Year Ended June 30, 2020. Assume all of the revenue bonds payable are for capital-related acquisitions and that the transfer was to establish working capital (i.e. a non-capital-related purpose).

Below is the answer, but I need help how to reconcile some of these numbers.