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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

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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 $1,118,000 Operating expenses: Salaries and benefits $495,000 Depreciation 260,000 Supplies used 200,000 Utilities 72,000 Total operating expenses 1,027,000 Income from operations 91,000 Nonoperating income (expenses): Interest revenue 3,000 Interest expense (5,000) Total nonoperating expenses (2,000) Income before transfers 89,000 Transfers in 180,000 Changes ir net position 269,000 Net position-beginning 1,120,000 Net position-ending $1,389,000 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 $ 70,000 110,000 300,000 (500,000) (50,000) (51,000) $36,780 The following balances were observed in current asset and current liability accounts. () denote credit balances: Net position-ending $1,389,000 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 $ 70,000 110,000 300,000 (500,000) (50,000) (51,000) $. 36, 780 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 $151,000 300 40,000 0 (20,000) (4,000) (30,000) (1,000) (51,000) 4/30/2020 $368,800 500 55,000 (30,000) (5,000) (25,000) Prepare a Statement of Cash Flows for the Village of Parry Print Shop Fund for the year ended April 30, 2020. Include reconciliation of operating income to net cash provided by operating activities (Amounts to be deducted should be minus sign.) VILLAGE OF PARRY-PRINT SHOP FUND Statement of Cash Flows For the Year Ended April 30, 2020 VILLAGE OF PARRY - PRINT SHOP FUND Statement of Cash Flows For the Year Ended April 30, 2020 Cash Flows from Operating Activities: 0 Cash Flows from Noncapital Financing Activities: ces 0 Cash Flows from Capital and Related Financing Activities: 0 Cash Flows from Investing Activities: 0 0 Cash Flows from Investing Activities: 0 Cash and Cash Equivalents, May 1, 2019 Cash and Cash Equivalents, April 30, 2020 $ 0 Reconciliation of Operating Income to Net Cash Provided by Operating Activities: Adjustments: 0 Noncash Intesting, Capital Related Financing and Noncapital Related Financing Activities

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