Question

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	$	9,740,000
Public safety		23,094,000
Public works		12,239,000
Health and sanitation		6,235,000
Culture and recreation		4,215,000
Interest on long-term debt, governmental type		1,025,000
Water and sewer system		11,596,000
Parking system		421,000
Revenues:
Charges for services, general government		1,115,000
Charges for services, public safety		1,216,000
Operating grant, public safety		701,000
Charges for services, health and sanitation		2,566,000
Operating grant, health and sanitation		1,215,000
Charges for services, culture and recreation		2,207,000
Charges for services, water and sewer		12,730,000
Charges for services, parking system		299,000
Property taxes		27,203,000
Sales taxes		20,768,000
Investment earnings, business-type		320,000
Special item—gain on sale of unused land, governmental type		1,254,000
Transfer from governmental activities to business-type activities		891,000
Net position, July 1, 2016, governmental activities		11,461,000
Net position, July 1, 2016, business-type activities		22,409,000
From the above information, prepare a Statement of Activities for the City of Northern Pines for the year ended June 30, 2017. Northern Pines has no component units. (Net Expenses should be entered as a negative.)

Answer 1