CAN SOMEONE PLEASE HELP I DONT THINK MY ANSWERS ARE CORRECT.

The Town of Weston has a Water Utility Fund with the following trial balance as of July 1, 2019, the first day of the fiscal year:

	Debits			Credits
Cash	$	340,000
Customer accounts receivable		206,000
Allowance for uncollectible accounts				$	31,000
Materials and supplies		124,800
Restricted assets (cash)		258,000
Utility plant in service		7,013,000
Accumulated depreciationutility plant					2,613,000
Construction work in progress		110,000
Accounts payable					132,000
Accrued expenses payable					80,500
Revenue bonds payable					3,513,000
Net position					1,682,300
Totals	$	8,051,800		$	8,051,800

During the year ended June 30, 2020, the following transactions and events occurred in the Town of Weston Water Utility Fund:

1. Accrued expenses at July 1 were paid in cash.
2. Billings to nongovernmental customers for water usage for the year amounted to $1,401,000; billings to the General Fund amounted to $116,000.
3. Liabilities for the following were recorded during the year:

Materials and supplies	$	198,000
Costs of sales and services		372,000
Administrative expenses		209,000
Construction work in progress		228,000

4. Materials and supplies were used in the amount of $290,000, all for costs of sales and services.
5. After collection efforts were unsuccessful, $14,700 of old accounts receivable were written off.
6. Accounts receivable collections totaled $1,516,000 from nongovernmental customers and $50,500 from the General Fund.
7. $1,079,800 of accounts payable were paid in cash.
8. One years interest in the amount of $182,700 was paid.
9. Construction was completed on plant assets costing $258,000; that amount was transferred to Utility Plant in Service.
10. Depreciation was recorded in the amount of $268,100.
11. The Allowance for Uncollectible Accounts was increased by $10,000.
12. As required by the loan agreement, cash in the amount of $110,000 was transferred to Restricted Assets for eventual redemption of the bonds.
13. Accrued expenses, all related to costs of sales and services, amounted to $101,000.
14. Nominal accounts for the year were closed.

Prepare a Statement of Revenues, Expenses, and Changes in Fund Net Position. (Deductions should be entered as a negative amount.)

TOWN OF WESTON
WATER UTILITY FUND
Statement of Revenues, Expenses, and Changes
in Fund Net Position
For the Year Ended June 30, 2020
Revenues:
Operating RevenuesCharges for Sales	$1,507,000
Total Revenues	1,507,000
Operating Expenses:
Costs of Sales	763,000
Administrative Expenses	209,000
Depreciation Expenses	268,100
Total Operating Expenses	1,240,100
Operating Income	266,900
Nonoperating Income (Expenses):
Interest Expense	(182,700)
Total Nonoperating (Expense)	(182,700)
Change in Net Position	84,200
Net Position - Beginning of Year	1,682,300
Net Position - End of Year	$1,766,500