Identify Harvey City's major funds, assuming that the city will not use management discretion to identify any fund as major.

Prepare Harvey City's governmental funds financial statements for 20X4, including any required budgetary comparison statements.

Prepare Harvey City's proprietary funds financial statements for 20X4.

Prepare Harvey City's fiduciary funds financial statements for 20X4.

Fund Balance (PreclosingAll restricted) Revenue: Taxes Investment Income 61,200 135,000 1,300 5,500 25,000 243,500 1,500 Current Operating Expenditures/Expenses: Economic Development 127,800 Other Capital Outlay Expenditures: For Equipment Governmental FundsTotals $207,000 $207,000 11,500 $35,000 $35,000 $370,000 $370,000 Both the Tourism Development Special Revenue Fund and the Midtown Corridor Special Revenue Fund are nanced with restricted portions of the city's hotel/motel occupancy tax. The Veterans Memorial Park Capital Projects Fund had no activity during the year because a citizens committee was addressing design issues and preparing a major campaign to raise private contributions for the park. Harvey City Additional Governmental Funds Preclosing Trial Balances December 31, 20X4 Tourism Development Special Revenue Fund Midtown Corridor Special Veterans Memorial Park Capital Revenue Fund Projects Fund Accounts Debit Credit Debit Credit Debit Credit Cash $ 57,000 $22,000 $120,000 Investments 16,000 250,000 Inventory of Materials and 3,000 1,500 Supplies Vouchers Payable $ 8,500 $ 4,500 Accrued Salaries and Wages 1,000 Payable Contracts Payable-Retained $125,000 Percentage