(Reporting Internal Service Fund financial information)

The Village of Delmar is preparing its government-wide statement of activities for the year ended December 31, 2004. Analysis of the data accumulated thus far shows the following expenses for each of its programs.

The Internal Service Fund (ISF) billings are from the Village's Motor Pool ISF. The Internal Service Fund column of the proprietary funds statement of revenues, expenses, and changes in fund net assets, prepared by the Village of Delmar, shows the following:

Required: Calculate the amounts that the Village of Delmar should report as expenses for each of its programs in its government-wide statement of activities for the year ended December 31, 2004.

Transcribed Image Text:

Program General Police Salaries Supplies ISF Billings $ 250,000 $ 45,000 $ 20,000 675,000 75,000 35,000 Fire 380,000 40,000 30,000 Total Expenses $ 315,000 785,000 450,000 Parks 200,000 35,000 15,000 250,000 Totals $1,505,000 $195,000 $100,000 $1,800,000