DuPage County, Illinois, has a Convalescent Center that is reported as an Enterprise Fund. The following represents the pre-closing trial balance for the Convalescent Center as of the fiscal year ended November 30, 20X6:

Required In addition, assume that the capital lease obligation is all long-term and that it is the only liability related to capital assets. Further, assume that the center has no restricted assets or liabilities.
Prepare the DuPage County Convalescent Center Statement of Net Position as of November 30, 20X6, and its Statement of Revenues, Expenses, and Changes in Fund Net Position for the year ending November 30,20X6.

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Convalescent Center Enterprise Fund Preclosing Trial Balance November 30, 20x6 Cr. Cash Accounts receivable, net Due from other funds Inventory Capital assets land and improvements . . .. . . .. Capital assets-buildings and improvements .··· … $ 231,752 5,465,885 24,333 373,372 784,360 28,005,704 265,583 4,544,660 101,629 Capital assets-equipment . $22,493,255 1,440,009 1,431,020 200,000 34,986 985.759 14,155,260 24,949,646 9,333 694,852 2,700,000 4,362,635 Capital lease obligation . ...r. Accrued vacation . . . Net position.. Patient revenue Intergovernmental grants 22,974,937 4,912,013 4,475,447 1,292,015 3,249 1816 Personnel services Depreciation expense $73,456,755 $73,456,755