(Statement preparation-General Fund) Using the following data, prepare a statement of revenues, expenditures, and changes in fund balance for the General Fund of Jummonville for the year ended December 31, 2004.

Miscellaneous revenues $ 180,000 Licenses and permits revenues 2,000,000 Expenditures for education 3,000,000 Expenditures for corrections 2,000,000 Transfers to other funds 1,500,000 Tax revenues 7,000,000 Expenditures for welfare 2,100,000 Federal grants 4,000,000 Expenditures for public safety 750,000 Expenditures for highways 900,000 Transfers from other funds 700,000 Fund balance at beginning of year 1,500,000

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Miscellaneous revenues Licenses and permits revenues Expenditures for education Expenditures for corrections Transfers to other funds $ 180,000 2,000,000 3,000,000 2,000,000 1,500,000 Tax revenues 7,000,000 Expenditures for welfare 2,100,000 Federal grants 4,000,000 Expenditures for public safety 750,000 Expenditures for highways 900,000 Transfers from other funds Fund balance at beginning of year 700,000 1,500,000