Internal Service Fund Allocation Problem

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: Program General Police Fire Parks Total Salaries Supplies ISF Billings Total Expenses 250,000 45,000 40,000 335,000 675,000 75.000 98,000 848,000 380,000 40,000 65,000 485,000 200,000 35,000 37,000 272,000 1,505,000 195,000 240,000 1,940,000 The ISF billings are from the City's Document Processing ISF The ISF column of the proprietary funds statement of revenues, expenses, and changes in fund net assets shows the following: 240,000 Charges for Services Operating expenses Personal services Repairs and Maintenance Depreciation Total Operating expenses Operating Income Total net assets-beginning Total net assets-ending 168,000 12,000 36,000 216,000 24,000 120,000 144,000 Calculate the amounts that the City should report as expenses for each of its programs in its government-wide statement of activities for the year ended December 31, 2019 Solution: Program Reduce ISH Billings Reported Expenses Totals