Exercise 8-8 (Algo) The following information is available for the preparation of the government-wide financial statements for the City of Northern Pines for the year ended June 30, 2020: Expenses: General government Public safety Public works Health and sanitation Culture and recreation Interest on long-term debt, governmental type Water and sewer system Parking system Revenues: Charges for services, general government Charges for services, public safety $13,060,000 27,148,000 12,826,000 6,826,000 4,991,000 817,000 12,134,000 458,000 1,472,000 235,900 896,700 Operating grant, public safety Charges for services, health and sanitation Operating grant, health and sanitation Charges for services, culture and recreation Charges for services, water and sewer Charges for services, parking system Property taxes Sales taxes Investment earnings, business-type Special item-gain on sale of unused land, governmental type Transfer from business-type activities to governmental activities Net position, July 1, 2019, governmental activities Net position, July 1, 2019, business-type activities 2,646,200 1,358,900 2,468,300 13,012,400 435,000 30,395,600 23,205,200 364,000 1,399,600 784,500 9,189,700 2,577,900 From the above information, prepare a Statement of Activities for the City of Northern Pines for the year ended June 30, 2020. Northern Pines has no component units. (Negative amounts should be indicated by a minus sign.)