As of July 1, 2013, the City of Saratoga Springs decided to purchase a privately operated swimming pool and to create a Swimming Pool (Enterprise) Fund. During the year, the following transactions occurred:

a) A permanent contribution of $ 1,000,000 was received from the General Fund.

b) $ 800,000 was borrowed with a Note Payable from a local bank at an interest rate of 5%.

c) Purchased for cash several items, the cost breakdown was: land, $300,000; building, $400,000, equipment, $200,000; supplies, $190,000.

d) Bill to customers for services amounted to $700,000.

e) Cash expenses included: salaries, $200,000; utilities, $120,000; interest (paid on 6/30/2014), $65,000.

f) Collection from customers in the amount of $660,000.

g) Supplies were consumed for the cost in the amount of $150,000.

h) Transfer $50,000 to restricted assets for preparing payment of the notes payable.

i) Depreciation was recorded for: building, $20,000, equipment, $20,000.

j) The books were closed. Close all accounts to Net Assets.

Prepare, in good form, the net position section of the Statement of Fund Net Position for the City of Saratoga Springs Swimming Pool Fund as of June 30, 2014.