The Village of Lake Augustas general fund has the following net resources at the year's end:

$85,000 of prepaid insurance;

a $500,000 rainy-day fund to be used for weather-related emergencies approved by the township governing board;

$2,500 of supplies inventory;

$25,000 that the village manager has decided should be used for employee training;

a $50,000 government grant for park maintenance;

$100,000 contractual obligations for the purchase of park fixtures; and

$200,000 to be used to fund government operations in the future.

Required: Prepare the fund balance section of the balance sheet.