The Village of Parry reported the following for its Print Shop Fund for the year ended April 30, 2020. VILLAGE OF PARRY-PRINT SHOP FUND Statement of Revenues, Expenses, and Changes in Net Position For the Year Ended April 30, 2020 Operating revenues : Charges for services $1,162,000 Operating expenses: Salaries and benefits $524,000 Depreciation 317, 400 Supplies used 215,600 Utilities 76,300 Total operating expenses 1,133, 300 Income from operations 28,700 Nonoperating income (expenses) : Interest revenue 5, 100 Interest expense (6,800) Total nonoperating expenses (1,700) Income before transfers 27,000 Transfers in 242,000 Changes in net position 269,000 Net position-beginning 1,136,000 Net position-ending $1,405,000 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 5. Purchase of one-year investments 6. Paid off a bank loan outstanding at May 1, 2019 The loan was for short-term operating purposes and was the only interest-bearing debt outstanding 7. Signed a capital lease on April 30, 2020 $ 114,000 128,000 317,000 (516,000) (66, 000) (78,100) S 62,300 The following balances were observed in current asset and current liability accounts. () denote credit balances: Cash Accrued interest receivable Due from other funds Supplies Accrued salaries and benefits Utility bills payable Accounts payable (for supplies only) Accrued interest payable Bank loan payable 5/1/2019 $316,300 300 40,000 0 (39,000) (7,800) (58,500) (14, 200) (78,100) 4/30/2020 $534,400 2,000 70,000 0 (49,000) (22,000) (55, 000) O O Prepare a statement of Cash Flows for the Village of Parry Print Shop Fund for the year ended April 30, 2020. Include the reconciliation of operating income to net cash provided by operating activities. (Amounts to be deducted should be indicated by a minus sign.)