fx G34 The City of Regans is preparing its government-wide statement of activities for the year ended December 31, 2019. Analysis of the data accumulated thus far shows the following expenses for each of its programs: 5 Program Salaries Supplies ISF Billings Total Expenses 6 General 250,000 45,000 40,000 335,000 y Police 675,000 75,000 98,000 848,000 Fire 380,000 40,000 65,000 485,000 Parks 200,000 35,000 37,000 272,000 10 Total 1,505,000 195,000 240,000 1,940,000 11 1 The ISF billings are from the City's Document Processing ISF. The ISF column of the 13 proprietary funds statement of revenues, expenses, and changes in fund net assets shows the 14 following: 15 16 Charges for Services 240,000 17 Operating expenses Personal services 168,000 19 Repairs and Maintenance 12,000 Depreciation 36,000 21 Total Operating expenses 216,000 22 Operating Income 24,000 22 Total net assets-beginning 120,000 24 Total net assets-ending 144,000 25 -25 Calculate the amounts that the City should report as expenses for each of its programs in its 28 government-wide statement of activities for the year ended December 31, 2019 29 Solution: 18 Reduce ISE Billings Reported Expenses Program 30 31 32 23 35 Totals Sheet1