The Village of Shelburne operates a ninehole golf course as an enterprise fund. You are provided with the following information for the current year:
Net income for the year was $
The beginning net position balances are net investment in capital assets, $; restricted, $; and unrestricted, $
New golf carts were leased. The present value of the lease liability is $ A principal payment of $ was made during the year, and amortization of the leased asset totaled $
Lawn edging equipment with a carrying value of $ was sold for $
A new lawn mower was purchased for $ At the end of the year, a $ note associated with the machine remains outstanding. Depreciation of the mower was $
Additional depreciation totaled $
Required
Prepare the net position section of Shelburnes statement of net position.
