The City of Oxbow General Fund has the following net resources at year-end: - $257,000 unexpended proceeds of a state grant required by law to be used for health education. - $17,000 of prepaid insurance. - $606,000 rainy day fund approved by city council for use under specified circumstances. - $207,000 budget stabilization fund to be used in the event of revenue shortfall. - $282,000 provided for contractual obligations for capital projects. - $35,000 unexpended proceeds of a tax required by law to be used for emergency 911 services. - $1,630,000 total fund balance. Required: Prepare the fund balance section of the Balance Sheet