Augusta has a municipal water and gas utility district $($MUD$).$ The trial balance on January $1,20$X$1,$ follows:

Debit Credit

Cash $ $93,900$

Accounts Receivable $25,700$

Inventory of Supplies $9,100$

Land $122,000$

Plant and Equipment $494,000$

Accumulated Depreciation $ $82,000$

Vouchers Payable $15,400$

Bonds Payable, $5\%509,000$

Net Position:

Invested in Capital Assets, Net of Related Debt $25,000$

Unrestricted $113,300$

Total $744,700744,700$

Additional Information for $20$X$1$:

$1.$Charges to customers for water and gas were $$420,800$; collections were $$432,900.$

$2.$A loan of $$25,450$ for two years was received from the general fund.

$3.$The water and gas lines were extended to a new development at a cost of $$76,700.$ The contractor was paid.

$4.$Supplies were acquired from central stores $($internal service fund$)$ for $$13,000.$ Operating expenses were $$329,700,$ and interest expense was $$25,450.$ Payment was made for the interest and the payable to central stores, and $$326,500$ of the vouchers were paid.

$5$Adjusting entries were as follows: estimated uncollectible accounts receivable, $$8,000$; depreciation expense, $$32,600$; and supplies expense, $$17,000.$otal

a$.$Prepare a statement of net position for the fund for December $31,20$X$1.$

b$.$Prepare a statement of revenues, expenses, and changes in fund net position for $20$X$1.$ Assume that the $$509,000$ of the $5$ percent bonds is related to the net capital assets of land and of plant and equipment.

c$.$Prepare a statement of cash flows for $20$X$1.$