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See attached question, during 2017 the town of falmouth had a number of transactions During 201?, the Town of Falmouth had a number of transactions

See attached question, during 2017 the town of falmouth had a number of transactions

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During 201?, the Town of Falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. You are provided with the following information I 201?: i. The beginning net position balances are: net investment in capital assets, $6?9,300; restricted, $0: and unrestricted, $1,354,602. . Net income for the 1year was $162,?50. Depreciation expense totaled $54,000. . A piece of equipment with a carrying value of $26,100 was sold for $25,000. Bonds for $500,000 were issued to constmct a concession stand at the rink. At the end of the year, the concession stand was 50 percent complete, and construction work in progress totaled $243,000. . A $15,000 principal payment was made on a capital lease. . A new Zamboni ice resurfacing machine was purchased for $250,000. At the end of the year, a $30,000 note associated with the machine remains outstanding. 5::an 'I-ul't- Required Prepare the net position section of Falmouth's 201? statement of net position. Net Position: Net PositionNet Investment In Capital Assets Net PositionRestricted Net PositionUnrestricted Total Net Position

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