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Based upon the cash flow information provided below for the year ended December 31, 2011, prepare a cash flow statement for the Bloomfield Municipal Golf Course, an enterprise fund.
Green fees received$400,000
Membership fees received160,000
League outing fees received90,000
Interest revenue received2,000
Cash received from short-term note payable (not used
for capital assets)75,000
Payments to employees350,000
Payments to suppliers198,000
Cash paid to the General Fund - Noncapital loan60,000
Payments for capital improvements85,000
Interest paid on short-term loan (loan not used for capital assets)5,000
Unrestricted cash and cash equivalents, January 1, 201117,000
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