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Part 2 The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2017, the last day of its fiscal

Part 2

The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2017, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund.

Debits Credits
Accounts payable $ 104,000
Accounts receivable $ 26,100
Accrued interest payable 29,200
Accumulated depreciation 47,000
Administrative and selling expenses 49,000
Allowance for uncollectible accounts 12,500
Capital assets 709,000
Cash 90,500
Charges for sales and services 555,000
Cost of sales and services 497,000
Depreciation expense 47,000
Due from General Fund 17,200
Interest expense 40,400
Interest revenue 6,000
Transfer in from General Fund 115,400
Revenue bonds payable 625,500
Supplies inventory 18,400
Totals $ 1,494,600 $ 1,494,600

Prepare the reconciliation of operating income to net cash provided by operating activities that would appear at the bottom of the December 31 Statement of Cash Flows. Recall that the beginning balance of all assets and liabilities is zero. (Negative amounts should be indicated with a minus sign.)

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