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The following balances come from the trial balance of Wilson State College as of the end of the 2017 fiscal year. WILSON STATE COLLEGE Pre-closing

The following balances come from the trial balance of Wilson State College as of the end of the 2017 fiscal year.

WILSON STATE COLLEGE
Pre-closing Trial Balance
June 30, 2017
(000s omitted)
Debits Credits
Cash and Cash Equivalents $ 3,643
Investments 32,658
Accounts Receivable 2,176
Allowance for Uncollectible Receivables $ 152
Due from State 88,341
Inventories 964
Cash and Cash EquivalentsRestricted 7,446
InvestmentsRestricted 79,693
Depreciable Capital Assets 186,560
Accumulated Depreciation 29,180
Nondepreciable Assets 90,504
Accounts Payable 2,333
Accrued Liabilities 2,066
Unearned Revenue 13,974
Compensated AbsencesCurrent Portion 1,561
Bonds Payable 93,496
Compensated Absences 38,227
Net PositionNet Investment in Capital Assets 161,093
Net PositionRestricted for Debt ServiceExpendable 1,177
Net PositionRestricted for Capital ProjectsExpendable 50,122
Net PositionRestricted for EndowmentNonexpendable 40,649
Net PositionUnrestricted 56,738
Tuition and Fees 30,615
Tuition and Fees Discount and Allowances 7,695
Grants and Contracts Revenue 18,506
Auxiliary Enterprise Sales 14,845
Investment Income 1,775
State Appropriations 45,664
Capital Appropriations 13,005
Institutional Support Expenses 26,718
Academic Support Expenses 59,807
Scholarships and Fellowships Expense 8,429
Depreciation Expense 6,705
Interest Expense 416
Auxiliary Enterprise Expenses 13,423
Totals $ 615,178 $ 615,178
Information on Cash and Cash Equivalents Activity
Beginning Cash Balance $ 9,115
Received Tuition and Fees (net) 24,205
Received Grants and Contracts 13,266
Received from Auxiliary Enterprises 14,113
Payments to Employees 59,691
Payments to Vendors 22,261
Payments to Students for Scholarships and Fellowships 7,857
Received State Appropriations 40,899
Received Capital Appropriations 21,058
Purchase of Capital Assets 21,152
Interest Paid on Debt 2,147
Interest Income 1,541

Prepare a statement of cash flows for the year ended June 30, 2017. Information on changes in assets and liabilities is as follows: Accounts Receivable (net) increased by $2,941; Due from State decreased by $17,113; Inventories increased by $36; Accounts Payable and Accrued Liabilities increased by $3,070; and Unearned Revenue decreased by $3,325.

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