Presented below is the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the Trinity Parish Fire District, a special-purpose entity engaged in a single governmental activity. Prepare a combined Governmental Funds Balance Sheet/Statement of Net Position in the format presented in Illustration 9-2.

Additional information:

a. Property taxes expected to be collected more than 60 days following year-end are deferred in the fund-basis statements. Deferred taxes totaled $39,000 at the end of 2019 and $36,000 at the end of 2020.

b. The current year provision for depreciation totaled $65,000.

c. Interest on long-term notes payable is paid monthly (no accrual is necessary).

d. Total Net Position on the December 31, 2019, Statement of Net Position totaled $128,000.

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TRINITY PARISH FIRE DISTRICT Governmental Funds: Statement of Revenues, Expenditures, and Changes in Fund Balances For the Year Ended December 31, 2020 Special Revenue General Fund Total Revenues Fund Property taxes Intergovernmentat Miscellaneous $320,000 28,000 5,000 $320,000 47,500 5,000 372,500 $19,500 353,000 19,500 Total revenues Expenditures Current 165,000 25,000 25,000 Personnel services 150,000 15,000 25,000 Supplies Capital outlay 125,000 Debt service 5,000 8,000 5,000 Principal Interest 8,000 Total expenditures $313,000 $15,000 $328,000 Excess of revenues over expenditures Other financing sources (uses): Issuance of debt Transfers from other funds Transfers (to) other funds 40,000 4,500 44,500 25,000 5,000 (5,000 25,000 25,000 5,000 (5,000) 20,000 5,000 Excess of revenues and other Sources over (under) expenditures and other uses Fund balance-beginning of year 60,000 9,500 22,000 $ 82,000 69,500 14,000 $ 83,500 (8,000) Fund balance-end of year $ 1,500