The Town of Thomaston has a Solid Waste Landfill Enterprise Fund with the following trial balance as of January 1, 2020, the first day of the fiscal year.

		Debits			Credits
Cash	$	2,330,000
Supplies: Supplies Inventory		80,000
Equipment		7,190,000
Accumulated depreciation				$	2,790,000
Accounts payable					130,000
Accrued closure and postclosure care costs payable					2,080,000
Net position					4,600,000
Totals	$	9,600,000		$	9,600,000

During the year, the following transactions and events occurred:

1. Citizens and trash companies dumped 513,000 tons of waste in the landfill, which charges $5.55 a ton payable in cash.
2. Diesel fuel purchases totaled $347,000 (on account).
3. Accounts payable totaling $430,000 were paid.
4. Diesel fuel used in operations amounted to $368,000.
5. Depreciation was recorded in the amount of $685,000.
6. Salaries totaling $165,000 were paid.
7. Future costs to close the landfill and postclosure care costs are expected to total $81,250,000. The total capacity of the landfill is expected to be 25,000,000 tons of waste.

Prepare the journal entries, closing entries, and a Statement of Revenues, Expenses, and Changes in Fund Net Position for the year ended December 31, 2020.