[The following information applies to the questions displayed below.] 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
(000s 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 EquivalentsRestricted		6,716
InvestmentsRestricted		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 AbsencesCurrent Portion					1,538
Bonds Payable					92,116
Compensated Absences					37,662
Net PositionNet Investment in Capital Assets					158,715
Net PositionRestricted for Debt ServiceExpendable					1,157
Net PositionRestricted for Capital ProjectsExpendable					49,272
Net PositionRestricted for EndowmentNonexpendable					39,959
Net PositionUnrestricted					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

3. Prepare a statement of cash flows for the year ended June 30, 2023. Information on changes in assets and liabilities is as follows: Accounts Receivable (net) increased by $2,551; Due from State decreased by $14,842; Inventories increased by $23; Accounts Payable and Accrued Liabilities increased by $1,962; and Unearned Revenue decreased by $1,763. (Enter your answers in thousands. List of cash outflows should be indicated by a minus sign.)