Chapter $3$:

The following information is available for the city of Florence for the year ended June $30,2024$:

Expenses:

General government

$ $16,000$

Public safety

$24,000$

Public health

$6,000$

Culture

$4,000$

Water system $($Enterprise fund$)$

$12,000$

Revenues:

Charges for services, general government

$4,000$

Charges for services, public safety

$3,000$

Operating grant, public safety

$2,000$

Capital grant, culture

$3,000$

Operating grant, public health

$3,000$

Charges for services, water system $($enterprise fund$)$

$13,000$

General revenues $-$ Property taxes

$25,000$

General revenues $-$ Sales taxes

$15,000$

Net assets, July $1,2023($beginning$),$ governmental activities

$12,000$

Net assets, July $1,2023($beginning$),$ business$-$type activities

$23,000$

Required: From the information given above, prepare a Statement of Activities for Florence for the year ended June $30,2024.$