Need help over looking my Reconciliation of Operating Income to Net Cash Provided by Operating Activities:

Required A Required B Required Required D Prepare a statement of Cash Flows for the year ended June 30, 2020. Assume all debt and interest are related to capital outlay. Assume the entire construction work in progress liability (see item 3) was paid in entry 7. Include restricted assets as cash and cash equivalents. (Deductions should be entered as a negative amount.) TOWN OF WESTON WATER UTILITY FUND Statement of Cash Flows For the Year Ended June 30, 2020 Cash Flows from Operating Activities: Cash Received from Customers $ 1,531,800 Cash Paid to Suppliers (903,100) 628,700 Net Cash Provided by Operating Activities Cash Flows from Noncapital Financing Activities: Cash Flows from Capital and Related Financing Activities: interest Paid on Long-Term Debt (177,200) (222,000) (399,200) Net Cash Used for Capital and Related Financing Activities Cash Flows from Investing Activities: Net Increase in Cash and Cash Equivalents Cash and Cash Equivalents Beginning of Year Cash and Cash Equivalents End of Year 229,500 586,000 815,500 $ Reconciliation of Operating Income to Net Cash Provided by Operating Activities: Operating Income S 282,900 Depreciation Expense 263,100 Decrease in Accounts Receivables 92,000 Increase in Interfund Receivables (58,600) Decrease in Supplies Inventory 90,000 Cash Customer accounts receivable Allowance for uncollectible accounts Materials and supplies Restricted assets (cash) Utility plant in service Accumulated depreciation-utility plant Construction work in progress Accounts payable Accrued expenses payable Revenue bonds payable Net position Totals Debits Credits $333,000 201,800 5 30,300 121,200 253,000 7,084,000 2,603,000 103,000 123,600 77,300 3,503,000 1,678, 800 $8,016,000 $8,016,000 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 $1,383,000: billings to the General Fund amounted to $110,000 3. Liabilities for the following were recorded during the year Materials and supplies Costs of sales and services Administrative expenses Construction work in progress $189,600 363,000 204,000 222,000 4. Materials and supplies were used in the amount of $278,000, all for costs of sales and services. 5. After collection efforts were unsuccessful, $14,200 of old accounts receivable were written off. 6. Accounts receivable collections totaled $1.482,800 from nongovernmental customers and $49,000 from the General Fund. 7. $1,047,800 of accounts payable were paid in cash. 8. One year's interest in the amount of $177,200 was paid. 9. Construction was completed on plant assets costing $253,000; that amount was transferred to Utility Plant in Service. 10. Depreciation was recorded in the amount of $263,100. 11. The Allowance for Uncollectible Accounts was increased by $10,000. 12. As required by the loan agreement, cash in the amount of $103,000 was transferred to Restricted Assets for eventual redemption of the bonds. 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 $1,383,000 billings to the General Fund amounted to $110,000 3. Liabilities for the following were recorded during the year Materials and supplies Costs of sales and services Administrative expenses Construction work in progress $189,000 363,000 204,000 222,000 4. Materials and supplies were used in the amount of $278,000, all for costs of sales and services. 5. After collection efforts were unsuccessful. $14.200 of old accounts receivable were written off 6. Accounts receivable collections totaled $1.482,800 from nongovernmental customers and $49,000 from the General Fund. 7. $1,047.800 of accounts payable were paid in cash. 8. One year's interest in the amount of $177.200 was paid. 9. Construction was completed on plant assets costing $253,000, that amount was transferred to Utility Plant in Service. 10. Depreciation was recorded in the amount of $263,100. 11. The Allowance for Uncollectible Accounts was increased by $10,000 12. As required by the loan agreement, cash in the amount of $103,000 was transferred to Restricted Assets for eventual redemption of the bonds 13. Accrued expenses, all related to costs of sales and services, amounted to $92,000. 14. Nominal accounts for the year were closed. Required: a. Record the transactions for the year in general journal form. b. Prepare a Statement of Revenues. Expenses, and Changes in Fund Net Position, c. Prepare a statement of Net Position as of June 30, 2020. d. Prepare a Statement of Cash Flows for the year ended June 30, 2020. Assume all debt and interest are related to capital outlay. Assume the entire construction work in progress liability (see item 3) was paid in entry 7. Include restricted assets as cash and cash equivalents