Hi, I was hoping to get some help with the following problem:

I am to prepare a) statement of activities for governmental activities for December 31, 2015. and a-1) a statement of net position for governmental activities for December 31, 2015

b) a statement of revenues, expenditures, and other changes in fund balances and a balance sheet for the General Fund as of December 31, 2015, and the year then ended. Assume that the city applies the consumption method.

The following information pertains to the City of Williamson for 2015, its first year of legal existence. For convenience, assume that all transactions are for the General Fund, which has three separate functions: general government, public safety, and health and sanitation.

Receipts:
Property taxes	$414,000
Franchise taxes	43,000
Charges for general government services	6,200
Charges for public safety services	4,300
Charges for health and sanitation services	47,800
Issued long-term note payable	314,000
Receivables at end of year:
Property taxes (90% estimated to be collectible)	100,800
Payments:
Salary:
General government	60,200
Public safety	32,800
Health and sanitation	20,200
Rent:
General government	16,300
Public safety	21,000
Health and sanitation	3,900
Maintenance:
General government	27,600
Public safety	5,700
Health and sanitation	11,500
Insurance:
General government	8,400
Public safety ($3,800 still prepaid at end of year)	15,300
Health and sanitation	15,700
Interest on debt	25,120
Principal payment on debt	6,280
Storage shed	194,000
Equipment	120,000
Supplies (20% still held) (public safety)	16,600
Investments	92,000
Ordered but not received:
Equipment	16,500
Due in one month at end of year:
Salaries:
General government	4,500
Public safety	8,400
Health and sanitation	9,300

Compensated absences legally owed to general government workers at year-end total $19,500. These amounts will not be taken by the employees until late in the year 2016.

The city received a piece of art this year as a donation. It is valued at $23,900. It will be used for general government purposes. There are no eligibility requirements. The city chose not to capitalize this property.

The general government uses the storage shed that was acquired this year. It is being depreciated over 10 years using the straight-line method with no salvage value. The city uses the equipment for health and sanitation and depreciates it using the straight-line method over five years with no salvage value.

The investments are valued at $109,900 at the end of the year.

For the equipment that has been ordered but not yet received, the City Council (the highest decision-making body in the government) has voted to honor the commitment when the equipment is received.