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Western State University, a Public University, Had the Following Account

Question 81

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Western State University, a public university, had the following account balances for the year ended and as of June 30, 2017. Debits are not distinguished from credits, so assume all accounts have a "normal" balance.
Additions to permanent endowmentsAuxiliary enterprise revenueCapital grants and giftsPublic service experseAuxiliary enterprise expenseFederal grarits and contracts revenueGiftsInterest on capital-related debtInvestrnent incomeNet Position, beginning of yearAcademic support expenseStudent services expenseInstitutional support expenseInstructional expenseStudent financial aid contra revenue)Research expenseState and local grants and contracts revenueState appropriation for operationsState appropriations for capital additionsStudent tuition and fee revenue1,500,0005,100,0001,260,0002,300,0002,410,0001,250,000940,000800,000380,00019,600,0003,400,0003,600,0004,100,0007,200,000700,000750,000950,0005,900,0001,340,0007,800,000\begin{array}{lr}\begin{array}{l}\text{Additions to permanent endowments}\\\text{Auxiliary enterprise revenue}\\\text{Capital grants and gifts}\\\text{Public service experse}\\\text{Auxiliary enterprise expense}\\\text{Federal grarits and contracts revenue}\\\text{Gifts}\\\text{Interest on capital-related debt}\\\text{Investrnent income}\\\text{Net Position, beginning of year}\\\text{Academic support expense}\\\text{Student services expense}\\\text{Institutional support expense}\\\text{Instructional expense}\\\text{Student financial aid contra revenue)}\\\text{Research expense}\\\text{State and local grants and contracts revenue}\\\text{State appropriation for operations}\\\text{State appropriations for capital additions}\\\text{Student tuition and fee revenue}\end{array}&\begin{array}{r}1,500,000\\5,100,000\\1,260,000\\2,300,000\\2,410,000\\1,250,000\\940,000\\800,000\\380,000\\19,600,000\\3,400,000\\3,600,000\\4,100,000\\7,200,000\\700,000\\750,000\\950,000\\5,900,000\\1,340,000\\7,800,000\end{array}\end{array}
Required: Prepare, in good form, a Statement of Revenues, Expenses, and Changes in Net Position for Western State University for the year ended June 30, 2017.

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