The Village of Shelburne operates a nine$-$hole golf course as an enterprise fund. You are provided with the following information for the current year:

Net income for the year was $$161,571.$

The beginning net position balances are net investment in capital assets, $$585,500$; restricted, $$5,090$; and unrestricted, $$254,830.$

New golf carts were leased. The present value of the lease liability is $$200,060.$ A principal payment of $$40,050$ was made during the year, and amortization of the leased asset totaled $$37,530.$

Lawn edging equipment with a carrying value of $$6,190$ was sold for $$6,400.$

A new lawn mower was purchased for $$75,000.$ At the end of the year, a $$25,000$ note associated with the machine remains outstanding. Depreciation of the mower was $$7,500.$

Additional depreciation totaled $$30,000.$

Required

Prepare the net position section of Shelburne$$s statement of net position.