Following is the June 30, 2022, statement of net position for the City of Bay Lake Water Utility Fund.

CITY OF BAY LAKE
Water Utility Fund
Statement of Fund Net Position
June 30, 2022
Assets
Current assets:
Cash and investments					$	1,775,142
Accounts receivable (net of $13,367 provision for uncollectible accounts)						306,870
Accrued utility revenue						499,600
Due from General Fund						29,288
Interest receivable						81,936
Total current assets						2,692,836
Restricted assets:
Cash						9,194
Capital assets:
Land	$	1,781,141
Buildings (net of $3,420,381 in accumulated depreciation)		5,214,991
Machinery and equipment (net of $5,130,505 in accumulated depreciation)		8,489,354
Total capital assets (net)						15,485,486
Total Assets						18,187,516
Liabilities
Current liabilities:
Accounts payable		532,087
Interest payable		131,782
Current portion of long-term debt		397,000
Total current liabilities						1,060,869
Liabilities payable from restricted assets:
Customer deposits						9,194
Long-term liabilities:
Revenue bond payable						11,513,000
Total Liabilities						12,583,063
Net Position
Net investment in capital assets						3,613,290
Unrestricted						1,991,163
					$	5,604,453

Following is the information of the Water Utility Fund for fiscal year 2023.

1. The amount in the Accrued Utility Revenue account was reversed.
2. Billings to customers for water usage during fiscal year 2023 totaled $3,031,965; $197,077 of the total was billed to the General Fund.
3. Cash in the amount of $264,307 was received. The cash was for interest earned on investments and $83,358 in accrued interest.
4. Expenses accrued for the period were management and administration, $366,374; maintenance and distribution, $700,509; and treatment plant, $706,747.
5. Cash receipts for customer deposits totaled $2,471.
6. Cash collections on customer accounts totaled $2,996,766, of which $213,331 was from the General Fund.
7. Cash payments for the period were as follows: Accounts Payable, $1,489,117; interest (which includes the interest payable), $403,093; bond principal, $397,000; machinery and equipment, $579,053; and return of customer deposits, $903.
8. A state grant amounting to $470,315 was received to help pay for new water treatment equipment.
9. Accounts written off as uncollectible totaled $9,915.
10. The utility fund transferred $792,172 in excess operating income to the General Fund.
11. Adjusting entries for the period were recorded as follows: depreciation on buildings was $237,708 and on machinery and equipment was $356,562; the allowance for uncollectible accounts was increased by $14,769; an accrual for unbilled customer receivables was made for $693,241; accrued interest income was $15,695; and accrued interest expense was $60,812.
12. The Revenue Bond Payable account was adjusted by $397,000 to record the current portion of the bond.
13. Closing entries and necessary adjustments were made to the net position accounts.

create a statement of revenues, expenses, and changes in fund net position for the Water Utility Fund for the year ended June 30, 2023.