The City of Oxbow General Fund has the following net resources at year-end:

$268,000 unexpended proceeds of a state grant required by law to be used for health education.
$28,000 of prepaid insurance.
$617,000 rainy day fund approved by city council for use under specified circumstances.
$218,000 budget stabilization fund to be used in the event of revenue shortfall.
$293,000 provided for contractual obligations for capital projects.
$57,000 unexpended proceeds of a tax required by law to be used for emergency 911 services.
$1,652,000 total fund balance.

Required:
Prepare the fund balance section of the balance sheet.