1 - The information included below relates to the city of Chicago for the year ended June 30, 2015. Using this information, prepare a statement of Revenue, Expenditures and Changes in Fund Balance as of year-end. Also provide a Governmental Fund Balance Sheet.

Short Term Notes Payable	$25	Property Tax Revenue	$600
Cash	$156	Proceeds from L/T Bonds	$100
Investments	$120	Proceeds from the sale of capital assets	$30
Salary and Wages Payable	$60	Pension Expenditures	$50
Voucher Payable	$40	Grant Revenue	$20
Deferred Inflow of Resources	$22	Interest Expenditure	$40
Nonreciprocal Transfer out to DSF	$125	Deferred Outflow of Resources	$72
Supplies Inventory	$21	Fund Balance, beginning	$45
Supplies Expenditure	$90	Sales Tax Revenue	$190
Utilities Expenditure	$6	Salary and Wage Expenditures	$452