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The Village of Parry reported the following for its Print Shop Fund for the year ended April 30, 2017. VILLAGE OF PARRYPRINT SHOP FUND Statement

The Village of Parry reported the following for its Print Shop Fund for the year ended April 30, 2017.

VILLAGE OF PARRYPRINT SHOP FUND
Statement of Revenues, Expenses, and Changes in Net Position
For the Year Ended April 30, 2017
Operating revenues:
Charges for services $ 1,105,000
Operating expenses:
Salaries and benefits $ 495,000
Depreciation 300,000
Supplies used 200,000
Utilities 72,000
Total operating expenses 1,067,000
Income from operations 38,000
Nonoperating income (expenses):
Interest revenue 3,000
Interest expense (5,000 )
Total nonoperating expenses (2,000 )
Income before transfers 36,000
Transfers in 180,000
Changes in net position 216,000
Net positionbeginning 1,120,000
Net positionending $ 1,336,000

The Print Shop Fund records also revealed the following:

1. Contribution from General Fund for working capital needs $ 80,000
2. Contribution from General Fund for purchase of equipment 100,000
3. Loan (interest-free) from Water Utility Fund for purchase of equipment 300,000
4. Purchase of equipment (500,000 )
5. Purchase of one-year investments (50,000 )
6. Paid off a bank loan outstanding at May 1, 2016 (51,000 )
The loan was for short-term operating purposes and was the only interest-bearing debt outstanding
7. Signed a capital lease on April 30, 2017 $ 36,780

The following balances were observed in current asset and current liability accounts. ( ) denote credit balances:

5/1/2016 4/30/2017
Cash $ 151,000 $ 355,800
Accrued interest receivable 300 500
Due from other funds 40,000 55,000
Supplies 0 0
Accrued salaries and benefits (20,000 ) (30,000 )
Utility bills payable (4,000 ) (5,000 )
Accounts payable (for supplies only) (30,000 ) (25,000 )
Accrued interest payable (1,000 ) 0
Bank loan payable (51,000 ) 0

Prepare a Statement of Cash Flows for the Village of Parry Print Shop Fund for the year ended April 30, 2017. Include the reconciliation of operating income to net cash provided by operating activities

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