The following balances come from the trial balance of Wilson State College as of the end of the $2023$ fiscal year.

WILSON STATE COLLEGE

Preclosing Trial Balance

June $30,2023$

$(000$s omitted$)$

Debits Credits

Cash and Cash Equivalents $ $3,278$

Investments $29,387$

Accounts Receivable $1,957$

Allowance for Doubtful Accounts $ $137$

Due from State $79,626$

Inventories $869$

Cash and Cash Equivalents$$Restricted $6,716$

Investments$$Restricted $71,883$

Depreciable Capital Assets $184,620$

Accumulated Depreciation $28,850$

Nondepreciable Assets $89,481$

Accounts Payable $2,306$

Accrued Liabilities $2,039$

Unearned Revenue $13,789$

Compensated Absences$$Current Portion $1,538$

Bonds Payable $92,116$

Compensated Absences $37,662$

Net Position$$Net Investment in Capital Assets $158,715$

Net Position$$Restricted for Debt Service$$Expendable $1,157$

Net Position$$Restricted for Capital Projects$$Expendable $49,272$

Net Position$$Restricted for Endowment$$Nonexpendable $39,959$

Net Position$$Unrestricted $36,559$

Tuition and Fees $30,095$

Tuition and Fees Discount and Allowances $7,565$

Grants and Contracts Revenue $18,196$

Auxiliary Enterprise Sales $14,595$

Investment Income $1,745$

State Appropriations $44,894$

Capital Appropriations $12,785$

Institutional Support Expenses $26,268$

Academic Support Expenses $58,940$

Scholarships and Fellowships Expense $7,664$

Depreciation Expense $5,580$

Interest Expense $378$

Auxiliary Enterprise Expenses $12,197$

Totals $ $586,409$ $ $586,409$

Information on Cash and Cash Equivalents Activity

Beginning Cash Balance $($includes restricted cash$)$ $ $8,067$

Received Tuition and Fees $($net$)23,609$

Received Grants and Contracts $12,940$

Received from Auxiliary Enterprises $13,765$

Payments to Employees $58,220$

Payments to Vendors $21,711$

Payments to Students for Scholarships and Fellowships $7,664$

Received State Appropriations $39,894$

Received Capital Appropriations $20,540$

Purchase of Capital Assets $20,634$

Interest Paid on Debt $2,095$

Interest Income $1,503$

Required

Prepare a statement of net position as of June $30,2023.$ For the period, net position restricted for capital projects increased by $$3,000,$ and net position restricted for debt service increased by $$150$; all bonded debt relates to capital assets. $($Enter your answers in thousands.$)$