Augusta has a municipal water and gas utility district (MUD). The trial balance on January 1, 20X1, follows: Cash Accounts Receivable Inventory of Supplies Land Debit Credit $ 93,700 25,200 8,500 120,700 Plant and Equipment Accumulated Depreciation Vouchers Payable Bonds Payable, 6% Net Position: Unrestricted 485,000 $ 80,900 15,700 511,000 Invested in Capital Assets, Net of Related Debt 13,800 111,700 $ 733,100 $ 733,100 Total Additional Information for 201: 1. Charges to customers for water and gas were $420,300; collections were $433,700. 2. A loan of $30,660 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 $76,300. The contractor was paid. 4. Supplies were acquired from central stores (internal service fund) for $14,100. Operating expenses were $329,400, and interest expense was $30,660. Payment was made for the interest and the payable to central stores, and $325,600 of the vouchers were paid. 5. Adjusting entries were as follows: estimated uncollectible accounts receivable, $7,100; depreciation expense, $32,800; and supplies expense, $16,500. Required: a. Prepare entries for the MUD enterprise fund for 20X1 and closing entries. b. Prepare a statement of net position for the fund for December 31, 20X1. c. Prepare a statement of revenues, expenses, and changes in fund net position for 201. Assume that the $511,000 of the 6 percent bonds is related to the net capital assets of land and of plant and equipment. d. Prepare a statement of cash flows for 20X1.