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please assist with statments thank you The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash

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The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash of $31,500 and investments of $81,250. In addition, it holds a small building bought on January 1, 2019, for general government purposes for $367,000 and a related longterm debt of $293,600. The building is depreciated on the straight-line method over 10 years. The annual interest rate on the debt is 10 percent. The general fund has four separate functions: general government, public safety, public works, and health and sanitation. Other information includes the following: Prepare a statement of net position for governmer government-wide financial statements for Decemb year then ended. 31,2020 , and the year then ended. Assume the p applied. In the last day of the year, the city borrows $73,000 from I local bank and uses the money to buy a truck. The first Jayment on the loan (plus interest) will be made at the end ff the next year. The city opens a landfill this year that it records within its jeneral fund. It is a public works function. Closure costs oday is estimated as $290,500 aithough officials do not ?xpect the landfill to be filled for nine more years. The city las incurred no costs to date. The landfill is now 15 sercent filled. :or the equipment and supplies that were ordered but not ret received, the City Council (the highest decision-making ody in the government) has voted to honor the :ommitment when the items arrive. The new building is depreciated over 20 years using the ;traight-line method and no residual value. Depreciation of he equipment is similar except that its life is only 10 years. Assume the city records a full year's depreciation in the rear of acquisition. The investments have a market value of $120,450 at year?nd. 1-1. Prepare a statement of activities for governmental activities in government-wide financial statements for December 31, 2020, and the year then ended. 1-2. Prepare a statement of net position for governmental activities in government-wide financial statements for

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