Business
Business, 29.01.2021 16:10, Chris5181

The following information is available for the preparation of the government-wide financial statements for the City of Northern Pines for the year ended June 30, 2017: Expenses :
General government $11,760,000
Public safety 23,900,00
Public works 11,290,000
Health and sanitation 6,010,000
Culture and recreation 4,398,000
Interest on long-term debt, governmental type 721,000
Water and sewer system 10,710,000
Parking system 409,000

Revenues :
Charges for services, general government 1,310,000
Charges for services, public safety 210,000
Operating grant, public safety 798,000
Charges for services, health and sanitation 2,355,000
Operating grant, health and sanitation 12,210,000
Charges for services, culture and recreation 2,198,000
Charges for services, water and sewer 11,588,000
Charges for services, parking system 388,000
Property taxes 27,112,000
Sales taxes 20,698,000
Investment earnings, business-type 325,000
Special item—gain on sale of unused land, governmental type 1,250,000
Transfer from business-type activities to governmental activities 700,000
Net position, July 1, 2016, governmental activities 8,200,000
Net position, July I, 2816, business-type activities 2,300,000

Required:
From the above information, prepare a Statement of Activities for the City of Northern Pines for the year ended June 30, 2020.

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Answers: 2

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