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, 2020:

From the previous information, prepare, in good form, a Statement of Activities for the City of Northern Pines for the year ended June 30, 2020. Northern Pines has no component units.

Transcribed Image Text:

Expenses: General government $11,960.000 Public safety 23.900,000 Public works 11,290,000 Health and sanitation 6,010,000 Culture and recreation 4,198,000 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 1,510,000 Charges for services, public safety Operating grant, public safety 210,000 798,000 Charges for services, health and sanitation 2,355,000 Operating grant, health and sanitation 1,210,000 Charges for services, culture and recreation 1,998,000 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, 2019, governmental activities 5,800,000 Net position, July 1, 2019, business-type activities 4,600.000