Item 10

The following General Fund information is available for the preparation of the financial statements for the City of Eastern Shores for the year ended September 30, 2020:

Revenues:Property taxes$27,340,000Sales taxes13,473,000Fees and fines1,482,000Licenses and permits1,880,000Intergovernmental2,525,000Investment earnings811,000Expenditures:Current:General government11,761,000Public safety24,481,000Public works6,249,000Health and sanitation1,201,000Culture and recreation2,193,000Transfer to capital project fund1,157,000Special itemproceeds from sale of land861,000Fund balance, October 1, 20191,849,000

From the information given above, prepare a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the City of Eastern Shores General Fund for the year ended September 30, 2020. (Negative entries should be entered with a minus sign and will appear in parenthesis.)