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Exercise $7-22($Algo$)$ Tribute Aquatic Center Enterprise Fund $[$LO $7-5]$

$[$The following information applies to the questions displayed below.$]$

The City of Saltwater Beach established an enterprise fund two years ago to construct and operate Tribute Aquatic Center, a public swimming pool. The pool was completed and began operations last year. All costs, including repayment of debt, are to be paid by user fees. The fund's preclosing trial balance for the current year, is shown below.

$\backslash$table$[[,$Debits,Credits$],[$Cash and Cash Equivalents,$ $183,440,],[$Accounts Receivable,$5,260,],[$Supplies$,8,290,],[$Restricted Cash and Cash Equivalents,$949,440,],[$Land$,1,411,050,],[$Buildings and Equipment,$932,310,],[$Accumulated Depreciation$-$Buildings and Equipment,,$$41,950],[$Improvements Other Than Buildings,$4,751,820,],[$Accumulated Depreciation$-$Improvements Other Than Buildings,,$213,830],[$Accounts and Accrued Payables,,$22,310],[$Current Portion of Long$-$Term Debt$-$Bonds,,$283,650],[$Bonds Payable,,$6,240,300],[$Net Position$-$Net Investment in Capital Assets,,$175,290],[$Net Position$-$Restricted,,$873,370],[$Net Position$-$Unrestricted,,$84,640],[$Charges for Services,,$2,054,800],[$Interest and Dividend Income,,$93,170],[$Personnel Expenses,$1,041,500,],[$Utilities Expense,$189,870,],[$Repairs and Maintenance,$82,700,],[$Supplies Expense,$67,700,],[$Depreciation Expense,$137,990,],[$Interest Expense,$321,940,],[,$$$10,083,310,$$$10,083,310]]$

Additional information concerning the Tribute Aquatic Center Fund follows.

All bonds payable were used to acquire property, plant, and equipment.

Each year, a payment is required on January $1$ to retire an equal portion of the bonds payable.

Equipment was sold for cash at its carrying value of $$9,310.$

Total cash received from customers was $$2,051,520$ and cash received for interest and dividends was $$93,170$; of this amount, $$76,070$ was restricted cash. There were no other changes to restricted cash during the year.

Cash payments included $$1,045,460$ for personnel expenses, $$187,000$ for utilities, $$86,800$ for repairs and maintenance, $$321,940$ for interest on bonds, and $$66,320$ for supplies.

The beginning balance in Cash was $$96,680,$ Accounts Receivable was $$3,190,$ Supplies was $$9,620,$ and Accounts and Accrued Payables was $$28,660.$ Accrued Payables include personnel expenses, utilities, and repairs and maintenance.

The net position categories shown on the preclosing trial balance have not been updated to reflect correct balances at year$-$end.

Net investments in Capital Assets, Restricted, and Unrestricted are wrong. Please provide these $3.$

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