Check During the current year, the Town of Falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. You are provided with the following information: 1. The beginning net position balances are net investment in capital assets, $680,000; restricted, So; and unrestricted, $1,355,091 2. Net Income for the year was $162,807 3. Depreciation expense totaled $54,016. 4. A piece of equipment with a carrying value of $26,200 was sold for $25,100. 5. Bonds for $500,000 were issued to construct a concession stand at the rink. At the end of the year, the concession stand was 50 percent complete, and construction work in progress totaled $248,079. 6. A $15,005 principal payment was made on a lease obligation 7. A new Zamboni ce resurfacing machine was purchased for $260,000. At the end of the year, a $30,100 note associated with the machine remains outstanding, Required Prepare the net position section of Falmouth's statement of net position TOWN OF FALMOUTH Skating Rink Enterprise Fund Partial Statement of Net Position As of Year End Net Position Net Poulion Net Investment in Capital Assets Net Position Restricted Net Position Unrestricted Total Net Ponton 5