The Town of Weston has a Water Utility Fund with the following trial balance as of July 1, 2023, the first day of the fiscal year: Debits Credits Cash $ 332,000 Customer accounts receivable 201,200 Allowance for uncollectible accounts $ 30,200 Materials and supplies 120,800 Restricted assets (cash) 252,000 Utility plant in service 7,002,000 Accumulated depreciationutility plant 2,601,000 Construction work in progress 102,000 Accounts payable 102,400 Accrued expenses payable 96,500 Revenue bonds payable 3,501,000 Net position 1,678,900 Totals $ 8,010,000 $ 8,010,000 During the year ended June 30, 2024, the following transactions and events occurred in the Town of Weston Water Utility Fund: Accrued expenses at July 1 were paid in cash. Billings to nongovernmental customers for water usage for the year amounted to $1,381,000; billings to the General Fund amounted to $109,000. Liabilities for the following were recorded during the year: Materials and supplies $ 187,000 Costs of sales and services 361,000 Administrative expenses 202,000 Construction work in progress 221,000 Materials and supplies were used in the amount of $276,000, all for costs of sales and services. After collection efforts were unsuccessful, $14,100 of old accounts receivable were written off. Accounts receivable collections totaled $1,472,400 from nongovernmental customers and