During 2017, the Town of Falmouth had a number of transactions
that affected net position of its town skating rink, which is
operated as an enterprise fund. You are provided with the following
information for 2017:
1.
The beginning net position balances are: net investment in
capital assets, $680,600; restricted, $0; and unrestricted,
$1,356,286.
2.
Net income for the year was
$162,951.
3.
Depreciation expense totaled
$54,064.
4.
A piece of equipment with a
carrying value of $26,700 was sold...