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.$)$ Answer is not complete.

Complete this question by entering your answers in the tabs below.

Required $B$

Prepare a Statement of Revenues, Expenses, and Changes in Fund Net Position. $($Deductions should be entered as a negative amount.$)$ Kequired $A$

Kequired $B$

Kequired C

Kequired $u$

Prepare a Statement of Net Position as of June $30,2020.($Deductions should be entered as a negatI need help on how to Prepare a Statement of Revenues, Expenses, and Changes in Fund Net Position

The Town of Weston has a Water Utility Fund with the following trlal balance as of July $1,2019,$ the first day of the fiscal year:

During the year ended June $30,2020,$ the following transactions and events occurred In the Town of Weston Water Utility Fund:

Accrued expenses at July $1$ were pard in cash.

Billings to nongovernmental customers for water usage for the year amounted to $$1,381,000$; billings to the General Fund amounted

to $$109,000.$

Llabilities for the following were recorded during the year:

Materlals and supplies were used in the amount of $$276,000,$ all for costs of sales and services.

After collection efforts were unsuccessful, $$14,100$ of old accounts recelvable were written off.

Accounts recelvable collections totaled $$1,472,400$ from nongovernmental customers and $$48,700$ from the General Fund.

$$1,041,400$ of accounts payable were pald in cash.

One year's Interest in the amount of $$176,100$ was pald.

Construction was completed on plant assets costing $$252,000$; that amount was transferred to Utility Plant In Service.

Depreclation was recorded In the amount of $$262,100.$

The Allowance for Uncollectlble Accounts was Increased by $$10,000.$

As requlred by the loan agreement, cash In the amount of $$102,000$ was transferred to Restricted Assets for eventual redemption of

the bonds.

Accrued expenses, all related to costs of sales and services, amounted to $$90,000.$

Nominal accounts for the year were closed.

Requlred:

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 llability $($see Item $3)$ was pald in entry $7.$ Include restricted assets as cash and cash

equivalents.

Please see the provided screen shots, I keep getting these calculations incorrect.

Can you help me to come up with the correct calculation?