1. Net income for the year was $161,571.
2. The beginning net position balances are net investment in capital assets, $585,500; restricted, $5,090; and unrestricted, $254,830.
3. New golf carts were leased. The present value of the lease liability is $200,060. A principal payment of $40,050 was made during the year, and amortization of the leased asset totaled $37,530.
4. Lawn edging equipment with a carrying value of $6,190 was sold for $6,400.
5. A new lawn mower was purchased for $75,000. At the end of the year, a $25,000 note associated with the machine remains outstanding. Depreciation of the mower was $7,500.
6. Additional depreciation totaled $30,000.

Required

Prepare the net position section of Shelburne's statement of net position.

Net Position

NET POSITIONNET INVESTMENT IN CAPITAL ASSETS?

NET POSITIONRESTRICTED5,090

NET POSITIONUNRESTRICTED?

Unrestricted:

Beginning balance$254830

+ Net income161,571

- Increase in net investment in capital assets ?

Ending balance $ ?