Augusta has a municipal water and gas utility district (MUD). The trial balance on January 1, 20X1, follows: Additional Information for 20x1: 1. Charges to customers for water and gas were $421,500; collections were $433,100. 2. A loan of $30,900 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 $75,400. The contractor was paid. 4. Supplies were acquired from central stores (internal service fund) for $14,500. Operating expenses were $328,800, and interest expense was $30,900. Payment was made for the interest and the payable to central stores, and $325,300 of the vouchers were paid. 5. Adjusting entries were as follows: estimated uncollectible accounts recelvable, $8,000; depreciation expense, $33,400; and supplies expense, $17,200. 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 31,201. c. Prepare a statement of revenues, expenses, and changes in fund net position for 201. Assume that the $515,000 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 201. Complete this question by entering your answers in the tabs below. Prepare entries for the MuD enterprise fund for 201 and closing entries. Note: If no entry is required for a transactionvevent, select "No journal entry required" in the first account field. Check my work Prepare a statement of net position for the fund for December 31,201. Note: Select the assets account based on the order listed in the question table. Amounts to be deducted should be indicated by minus sign. Prepare a statement of revenues, expenses, and changes in fund net position for 201. Assume that the $515,000 of the 6 percent bonds is related to the net capital assets of land and of plant and equipment. MUD Enterprise Fund Statement of Revenue, Expenses, and Changes in Fund Net Position For Fiscal Year Ended December 31, 20X1 Revenue: \& Required B Required D > mete. Minuunts to be deducted should be indicated by minus sign. Help Augusta has a municipal water and gas utility district (MUD). The trial balance on January 1, 20X1, follows: Additional Information for 20x1: 1. Charges to customers for water and gas were $421,500; collections were $433,100. 2. A loan of $30,900 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 $75,400. The contractor was paid. 4. Supplies were acquired from central stores (internal service fund) for $14,500. Operating expenses were $328,800, and interest expense was $30,900. Payment was made for the interest and the payable to central stores, and $325,300 of the vouchers were paid. 5. Adjusting entries were as follows: estimated uncollectible accounts recelvable, $8,000; depreciation expense, $33,400; and supplies expense, $17,200. 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 31,201. c. Prepare a statement of revenues, expenses, and changes in fund net position for 201. Assume that the $515,000 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 201. Complete this question by entering your answers in the tabs below. Prepare entries for the MuD enterprise fund for 201 and closing entries. Note: If no entry is required for a transactionvevent, select "No journal entry required" in the first account field. Check my work Prepare a statement of net position for the fund for December 31,201. Note: Select the assets account based on the order listed in the question table. Amounts to be deducted should be indicated by minus sign. Prepare a statement of revenues, expenses, and changes in fund net position for 201. Assume that the $515,000 of the 6 percent bonds is related to the net capital assets of land and of plant and equipment. MUD Enterprise Fund Statement of Revenue, Expenses, and Changes in Fund Net Position For Fiscal Year Ended December 31, 20X1 Revenue: \& Required B Required D > mete. Minuunts to be deducted should be indicated by minus sign. Help