Statement of Revenues, Expenses and Changes in Net Position

Required: Prepare a Statement of Revenues, Expenses and Changes in Net Position based on the information given below.

Background: During the year, the City of Lakewood operates a local swimming pool that is run as an enterprise fund. As the accountant, you are given the task of preparing the operating statement for the year ending December 31, 2022 in proper form (on the following page). You are provided the following trial balance:

	Debits	Credits
Cash and Cash Equivalents	182,240
Accounts Receivable	5,225
Supplies	8,225
Restricted Cash and Cash Equivalents	942,000
Land	657,825
Buildings and Equipment	925,000
Accumulated Depreciation-Buildings and Equipment		41,625
Accounts Payable		22,150
Current Portion of Long Term Debt		81,600
Bonds Payable		1,195,200
Net Position-Net Investment in Capital Assets		174,010
Net Position-Restricted		867,000
Net Position-Unrestricted		84,030
Charges for Services		2,040,000
Interest Income		92,500
Personnel Expenses	1,034,000
Utilities Expense	188,500
Repairs and Maintenance	82,100
Supplies Expense	67,200
Depreciation Expense	136,960
Interest Expense	323,840
Capital Contributions		5,000
Transfers In		25,000
Transfers Out	75,000
	4,628,115	4,628,115

Hii, please help me out in an organized way where I could understand the information presented. I will leave a good rating, thank you so much!