The commissioners of the Regents Park Commission Special Revenue Fund approved the following budget for calendar year 2012. Assume that the Unassigned fund balance at the beginning of the year was $ 10,000. Also, assume that no encumbrances were outstanding and no supplies were on hand at the beginning or the end of the year. Prepare a statement of revenues, expenditures, and changes in fund balance. In addition, prepare a budgetary comparison schedule, assuming the ori-ginally approved budget and the final budget areidentical.

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Estimated Revenues Property taxes Concession rentals User charges Appropriations Wages and salaries Capital equipment Supplies Budgeted Increase in Fund Balance During the year, actual revenues were as follow:s 300,000 100,000 200,000 $600,000 $200,000 300,000 50,000 3 550,000 50,000 Property taxes Concession rentals User charges 300,000 120,000 185,000 Actual expenditures were as follows: Wages and salaries Capital equipment Supplies $199,000 296,000 48,000