Required information The foowing information appies to the questions displayed below. The City of Saltwater Beach estab shed 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, ncluding repayment of debt, are to be paid by user fees. The fund's preclosing trial balance for the current year, is shown below. Debits Credits Cash and Cash Equivalents Accounts Receivable Supplies Restricted Cash and Cash Equivalents Land $183,240 5,260 8,290 949,440 1,411, 050 932,310 Accumulated Depreciation Buildings and Equipment Improvenents other Than Buildings Accumulated Depreciation Improvenents Other Than Buildings Accounts and Accrued Payables Current Portion of Long-Tern Bonds Payable Net Position Net Investment in Capital iasets Net Position Restricted Net Ponition Unrestricted Charges for Services Interest and Dividend Income Personnel Expenses utilities Expense Repairs and Haintenance Supplies Expense 41,950 4,751, 820 213, 830 22,310 283, 650 5,240,300 175,290 873,370 84,640 2,054, 800 93,170 1,041,500 189, 87O 82,700 67,700 137,990 322,140 $10,083,310 $10,083,310 Additional Information concerning the Tribute Aquatic Center Fund follows. 1 All bonds payable were used to acquire property, plant, and equipment. 2. Each year a payment is required on January 1 to retire an equal portion of the bonds payable. 3. Equipment was sold for cash at its carrying value of $3,310. 4. Total cash receved from customers was $2,051,520 and cash recelved 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. and maintenance, S5322,140 for Interest on bonds, and $66,320 for supplies. Accounts and Accrued Payables was $28,660. Accrued Payables Include personnel expenses, utilities, 5. Cash payments Included $1,045,460 for personnel expenses, $187000 for utilities, $86,800 for repairs 6. The beginning balance In Cash was $96,680, Accounts Recelvable was $3,190, Supplies was $9,620 and and repairs and maintenance 7. The net position categories shown on the pre-closing trial balance have not been updated to reflect correct balances at year-end