4. During the current year, the Town of Falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. You are provided with the following information:

1. The beginning net position balances are net investment in capital assets, $679,300; restricted, $0; and unrestricted, $1,353,696. 2. Net income for the year was $162,640. 3. Depreciation expense totaled $53,961. 4. A piece of equipment with a carrying value of $25,800 was sold for $24,700. 5. Bonds for $500,000 were issued to construct a concession stand at the rink. At the end of the year, the concession stand was 50 percent complete, and construction work in progress totaled $247,861 A new Zamboni ice resurfacing machine was purchased for $220,000. At the end of the year, a $29,700 note associated with the machine remains outstanding. Required Prepare the net position section of Falmouth's statement of net position