The New Jersy's General Fund has the following net resources at year end: $69,000 of prepaid insurance $410,000 rainy day fund approved by the township governing board with specific conditions for its use $ 1.800 of supplies inventory $60.000 state grant for snow removal $150,000 contractual obligations for the purchase of equipment $ 105,000 to be used to fund government operations in the future Total Fund Balance is $795,800 Required: Prepare the fund balance section of the Balance Sheet