The City of Sandwich purchased a swimming pool from a private operator as of April 1, 2020, for $400,000, of which $200,000 was provided by a one-time contribution from the General Fund, and $200,000 was provided by a loan from the First National Bank, secured by a note. The loan has an annual interest rate of 6 percent, payable semiannually on October 1 and April 1; principal payments of $100,000 are to be made annually, beginning on April 1, 2021. The city has a calendar year as its fiscal year. During the year ended December 31, 2020, the following transactions occurred related to the City of Sandwich Swimming Pool: The amounts were received from the City General Fund and the First National Bank. A loan was provided in the amount of $125,000 from the Water Utility Fund to provide working capital. The purchase of the pool was recorded. Based on an appraisal, it was decided to allocate $100,000 to the land, $200,000 to improvements other than buildings (the pool), and $100,000 to the building. Charges to patrons during the season amounted to $242,000, all received in cash. Salaries paid to employees amounted to $115,000, all paid in cash, of which $75,000 was cost of services and $40,000 was administration. Supplies purchased amounted to $40,000; all but $5,000 was used. Cash was paid for the supplies, all of which was for cost of sales and services. Administrative expenses amounted to $16,500, paid in cash. The first interest payment was made to the First National Bank. The short-term loan was repaid to the Water Utility Fund. Depreciation of $18,500 for the pool and $6,000 on the building was recorded for the nine months they were in operation. Interest was accrued for the year. Closing entries were prepared. 3. Prepare a Statement of Net Position as of December 31, 2020, for the City of Sandwich Swimming Pool Fund.