Inglis city had a beginning cash balance in its enterprise fund to $896,335 during the following transactions occurred: 1. Interest received on investments totaled $42,440. 2. The city acquired additional equity investments totaling $75,820. 3. A grant was received from the state in the amount of $50,500 for summer interns. 4. Receipts from sales of goods or services totaled $2,944,600. 5. Payments for supplies were made in the amount of $1,658,600. 6. Payments to employees for salaries amounted to $484,200 7. Equipment was sold for $58,000. It had a book value of $57,425. 8. $25,400 was transferred to the General Fund. 9. Other cash expenses for operations were $90,800. 10. Long-term debt payments totaled $534,600