P7-41. (Computation of Enterprise Fund net position) Given here is the December 31, 2018, preclosing trial balance for the City of Hudson Golf Course Enterprise Fund. Compute as of December 31, 2018. (a) total net position: (b) net investment in capital assets; (e) restricted net position; and (d) unrestricted net position. (Assume that revenue bonds payable were used to acquire capital assets.) CITY OF HUDSON Golf Course Enterprise Fund Preclosing Trial Balance December 31, 2018 Debits Credits 15,045 37,000 $ 5,000 150,000 23,000 900,000 325,000 105,000 1,500,000 Cash... Accounts receivable. Estimated uncollectible accounts. Cash-restricted for debt service Cash-restricted for customer deposits. Land... Equipment Accumulated depreciation-equipment Buildings...... Accumulated depreciation-buildings Accounts payable... Customers' deposits payable. Revenue bonds payable... Accrued interest payable---revenue bonds. Net position, January 1, 2018.. Revenue from rentals. Personal services expense. Utilities expense.. Repairs and maintenance expense Depreciation expense-equipment Depreciation expense-building. Interest expense.. Estimated uncollectible accounts Supplies expense. 650,000 20,835 23,000 1,000,000 6,500 940,740 800,000 380,000 63,000 47,000 15,000 50,000 40,030 5,000 1,000 $3,551,075 $3,551,075