$14\mathrm{.}1$ The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state government abatement functions, conducting research on mosquito abatement, and promoting abatement through public education. The following information is available at the end of the first quarter $($December $31,2024)$:

Government Coordination Research Public Education Total

Apportionments from OMB $ $8,250,000$

Allotments$$first quarter $ $3,200,000$ $ $2,488,000$ $ $1,662,0007,350,000$

Salaries paid $1,920,000995,0001,197,0004,112,000$

Accrued salaries payable $39,00050,00029,000118,000$

Supplies ordered and received $244,000595,000219,0001,058,000$

Supplies used $175,000591,000194,000960,000$

Depreciation $58,000128,00013,000199,000$

Equipment purchases $1,410,000831,00060,0002,301,000$

Program revenue: Charges for service $195,000195,000$The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state

government abatement functions, conducting research on mosquito abatement, and promoting abatement through public education.

The following information is available at the end of the first quarter $($December $31,2024)$:

Required:

Prepare a Statement of Net Cost for the quarter ended December $31.$

Note: Deductions should be entered with a minus sign.