P3 (Statement of Activities) Prepare a Statement of Activities for Tazewell County for calendar year 20X9, given the following: General property tax revenues ........ $70,000,000 Proceeds from sale of general government land*... 2,200,000 Unrestricted grant revenues......... 300,000 Grants restricted to education ... 12,000,000 Capital grants for transportation. 9,000,000 Expenses (including depreciation): General government. Public safety.... Education .... Transportation .... Culture and recreation. Interest expense on GLTL GLTL principal retired ......... General government capital outlay expenditures. Transfers to Enterprise Funds ... Water Enterprise Fund: Charges for services... Expenses.................................................. Book value of general government building destroyed in tornado (uninsured) .............. Net position, governmental activities, 1/1/X9. Net position, business-type activities, 1/1/X9 ........ *The cost of the land that was sold was $350,000. 10,000,000 18,000,000 34,000,000 24,000,000 1,500,000 3,000,000 16,000,000 7,000,000 4,000,000 13,000,000 11,900,000 310,000 26,530,000 4,000,000 Tazewell Country Statement of Activities For the Year Ended December 31, 20X9 Program Revenues Net (Expenses) Revenues and Changes in Net Position Primary Government Charges for Services Operating Grants and Contributions Capital Grants and Contributions Governmental Activities Business-Type Activities Functions Expenses Total Primary Government Governmental activities: General government Public safety Education Transportation Culture and recreation Interest Total governmental activities Business-type activities: Water service Total business-type activities Total primary government General Revenues