The Village of Parry reported the following for its Print Shop Fund for the year ended April 30, 2017 VILLAGE OF PARRY-PRINT SHOP FUND Statement of Revenues, Expenses, and Changes in Net Position For the Year Ended April 3e, 2017 Operating revenues: Charges for services $1,114,00e Operating expenses: Salaries and benefits Depreciation Supplies used Utilities $584,8e8 305,408 283,608 73,3ee Total operating expenses 1,986,3ee 27,7e0 Income from operations Nonoperating income (expenses): Interest revenue Interest expense 3, 7ee s, 808) Total nonoperating expenses (2,1e8) Income before transfers Transfers in Changes in net position Net position-beginning Net position-ending 25,688 196,888 221,680 1,126 0ee $1,347, 6ee The Print Shop Fund records also revealed the following 1. Contribution from General Fund for working capital needs 2. Contribution from General Fund for purchase of equipment 3. Loan (interest-free) from Water Utility Fund for purchase of equipment 4. Purchase of equipment s. Purchase of one-year investments 6. Paid off a bank loan outstanding at May 1, 2016 The loan was for short-term operating purposes and was the only interest-bearing debt outstanding 7. Signed a capital lease on April se, 2817 The following balances were observed in current asset and current liability accounts. () denote credit balances: s/1/2016 4/30/2817 Cash Accrued interest receivable Due from othen funds supplies Accrued salardes and benefits utility bils payable Accounts payable (for supplies only) Accrued interest payable Bank Joan payable 3ee 4e ,ee6 1,8e0 se, aee (29 880)(39,008) (43,5e8)(as,e) (s,see) (12,eee) (6,200) (74.5ee) Prepare a Statement of Cash Flows for the Village of Parry Print Shop Fund for the year enced Aprl 30, 2017 Incluge the reconcillation of operating income to net previged by operating acivities (Amounts to be deducted should be indlcated b a minus sign. cash Cash Flows From Operating Activities 0 Cash Flows From Noncapital Financing Activities 0 Cash Flows From Capital and Related Financing Acuvities 0 cash Fliows From invesn Aes 0 Cash Flows From Investing Activities: 0 Cash and Cash Equivalents, May 1, 2018 Cash and Cash Equivalents, April 30, 2017 Reconciliation of Operating Income to Net Cash Provided by Operating Activities Adjustments 0 Noncash Investing: Capital Related Finanping and Nonicapita Related Financing Acivities The Village of Parry reported the following for its Print Shop Fund for the year ended April 30, 2017 VILLAGE OF PARRY-PRINT SHOP FUND Statement of Revenues, Expenses, and Changes in Net Position For the Year Ended April 3e, 2017 Operating revenues: Charges for services $1,114,00e Operating expenses: Salaries and benefits Depreciation Supplies used Utilities $584,8e8 305,408 283,608 73,3ee Total operating expenses 1,986,3ee 27,7e0 Income from operations Nonoperating income (expenses): Interest revenue Interest expense 3, 7ee s, 808) Total nonoperating expenses (2,1e8) Income before transfers Transfers in Changes in net position Net position-beginning Net position-ending 25,688 196,888 221,680 1,126 0ee $1,347, 6ee The Print Shop Fund records also revealed the following 1. Contribution from General Fund for working capital needs 2. Contribution from General Fund for purchase of equipment 3. Loan (interest-free) from Water Utility Fund for purchase of equipment 4. Purchase of equipment s. Purchase of one-year investments 6. Paid off a bank loan outstanding at May 1, 2016 The loan was for short-term operating purposes and was the only interest-bearing debt outstanding 7. Signed a capital lease on April se, 2817 The following balances were observed in current asset and current liability accounts. () denote credit balances: s/1/2016 4/30/2817 Cash Accrued interest receivable Due from othen funds supplies Accrued salardes and benefits utility bils payable Accounts payable (for supplies only) Accrued interest payable Bank Joan payable 3ee 4e ,ee6 1,8e0 se, aee (29 880)(39,008) (43,5e8)(as,e) (s,see) (12,eee) (6,200) (74.5ee) Prepare a Statement of Cash Flows for the Village of Parry Print Shop Fund for the year enced Aprl 30, 2017 Incluge the reconcillation of operating income to net previged by operating acivities (Amounts to be deducted should be indlcated b a minus sign. cash Cash Flows From Operating Activities 0 Cash Flows From Noncapital Financing Activities 0 Cash Flows From Capital and Related Financing Acuvities 0 cash Fliows From invesn Aes 0 Cash Flows From Investing Activities: 0 Cash and Cash Equivalents, May 1, 2018 Cash and Cash Equivalents, April 30, 2017 Reconciliation of Operating Income to Net Cash Provided by Operating Activities Adjustments 0 Noncash Investing: Capital Related Finanping and Nonicapita Related Financing Acivities
