Answer:
The City of Breukelen
Breukelen RTS
Statement of revenues, expenses, and changes in net position
For the year ended December 31, 2019
Particulars Amount$ Amount$
Revenues
Operating Revenue 3,150,000
Operating Expenses
Train operating expenses 2,430,000
Track and maintenance expenses 565,000
Depreciation expenses 325,000
Total operating expenses 3,320,000
Operating loss (170,000)
Non-Operating revenue (Expenses)
Investment income 50,000
Interest expenses 320,000
Total Non-operating (expenses) (270,000)
Loss before transfer (440,000)
Transfer from City of B 500,000
Change in net assets 60,000
Total net position (beginning) 7,430,000
Total net position (ending) 7,490,000
