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 $161,611.
2. The beginning net position balances are net investment in capital assets, $585,500; restricted, $5,070; and unrestricted, $254,890.
3. New golf carts were leased. The present value of the lease liability is $200,070. A principal payment of $40,060 was made during the year, and amortization of the leased asset totaled $37,520.
4. Lawn edging equipment with a carrying value of $6,150 was sold for $6,360.
5. 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.
6. Additional depreciation totaled $30,000.

Required Prepare the net position section of Shelburnes statement of net position.

VILLIAGE OF SHELBURN

Gold Course Enterprises fund

Partial Statement of Net position

As of year end

Net Position:

Net Position - Net Investment in Capital Assests : ________________

Net Position - Restricted: _____________

Net Position- Unrestricted: ___________

Total Net Position : _________