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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: 1.

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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: 1. Net income for the year was $161,571. 2. The beginning net position balances are net investment in capital assets, $585,460; restricted, $5,070; and unrestricted, $254,820 3. New golf carts were leased. The present value of the lease liability is $200,040. A principol payment of $40,030 was made during the year, and amortization of the leased asset totaled $37,580 4. Lawn edging equipment with a carrying value of $6,200 was sold for $6,400, 5. A new lown mower was purchased for $75,000. At the end of the yeat, a $25,000 note associated with the machine remains outstanding. Depreciation of the mowet was $7,500. 6. Additional depreciation totaled $30.000. Required Prepore the net position section of Shelburne's statement of net position

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