ework Question 2 - Chapter 3 Homework Connect Saved The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of its June 30 fiscal year-end. Assume that beginning net position is $1,773 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units. WESTOVER VILLAGE Governmental Activities Selected Account Balances (in thousands) For the Year Ended June 30, 2020 Expenses-Culture and Recreation Expenses-General Government Expenses-Health and Sanitation Expenses-Interest on Long-term Debt Expenses-Public Safety General Revenues-Investment Earnings General Revenues-Property Taxes Program Revenue-Culture and Recreation-Charges for Services General Revenues-Unrestricted Grants and Contributions Program Revenue-Culture and Recreation-Operating Grants Program Revenue-General Government-Charges for Services Debits. Credits 12,482 9,701 6,998 6,198 34,974 2,088 56,430 1,330 4,125 2,580 3,276 973 Progran Revenue-General Government-Operating Grants Program Revenue-Health and Sanitation-Charges for Services Program Revenue-Public Safety-Capital Grants Program Revenue-Public Safety-Charges for Services Program Revenue-Public Safety-Operating Grants Special Ites-Gain on Sale of Park Land Required 5,742 75 1,328 1,437 3,603 Prepare a (partial) statement of activities. (Enter your answers in thousands. Input all amounts as positive values.) WESTOVER VILLAGE Statement of Activities (Partial) For the Year Ended June 30, 2020 (in thousands) Functions/Programs Primary Government: Expenses Charges for Services Program Revenues Operating Grants Capital Grants Net (Expense) Revenue and Changes in Net Assets $ 0 o 0 0 mework ces Program Revenue-Public Safety-Operating Grants Special Item-Gain on Sale of Park Land Saved 1,437 3,603 Required Prepare a (partial) statement of activities. (Enter your answers in thousands. Input all amounts as positive values.) WESTOVER VILLAGE Statement of Activities (Partial) For the Year Ended June 30, 2020 Functions/Programs Primary Government: 1 Total Governmental Activities $ (in thousands) Expenses General Revenues: Total general revenues Total general revenues and special items Change in net position Net position-July 1, 2019 Net position June 30, 2020 Program Revenues Charges for Services Operating Capital Grants Grants Net (Expense) Revenue and Changes in Net Assets $ 0 0 0 0 0 0 $ 0 $ 0 $ 0 0 $ 0 0