Preparation of the statement of activities The City of Truro reports the following revenues for the fiscal year:

Real estate and personal property taxes	$55,520
Motor vehicle and other excise taxes	3,840
Grants and contributions not restricted	3,795

The City also reports the following revenues from fees it charges for services and operating grants and contributions it has received during the year as well as expenses it has incurred, categorized by governmental activity:

Functions/Programs	Charges for Services	Operating Grants and Contributions	Expenses
Primary government
Governmental activities:
General government	$1,270	$1,446	$6,361
Public safety	1,904	1,237	7,336
Education	1,840	5,249	45,437
Public works	1,067	1,150	3,665
Human services	1,654	1,106	2,548
Library	1,051	1,074	1,994
Pension and benefits	0	3,518	5,255
Interest	0	0	1,981
Total governmental activities	$8,786	$14,780	$74,577

The City manages two business-type activities: a sanitation department which oversees solid and liquid waste disposal and a municipal pool. Both of these activities charge users a fee that is set at the beginning of the year at a level that is anticipated to cover the costs of providing the service. These fees cannot be changed during the year. As a result, these activities may produce a net profit or loss for the year, depending on the level of operating costs. The revenues and expenses for these services are provided in the following table:

Functions/Programs	Charges for Services	Expenses
Business-type activities:
Sanitation	$4,553	$3,621
Municipal pool	1,403	1,571
	$5,956	$5,192

Required Prepare the City of Truro Statement of Activities for the year (assume a beginning balance for Net Assets of $136,106 for Governmental activities and $28,349 for Business-Type activities).

HINT: Remember to use negative signs with answers when appropriate.

City of Truro Statement of Activities
		Expenses	Charges for Services	Operating Grants & Contributions	Government Activities	Business Type Activities	Total
Primary government
	Governmental activities--
	General government	Answer	Answer	Answer	Answer	Answer	Answer
	Public safety	Answer	Answer	Answer	Answer	Answer	Answer
	Education	Answer	Answer	Answer	Answer	Answer	Answer
	Public works	Answer	Answer	Answer	Answer	Answer	Answer
	Human services	Answer	Answer	Answer	Answer	Answer	Answer
	Library	Answer	Answer	Answer	Answer	Answer	Answer
	Pension and benefits	Answer	Answer	Answer	Answer	Answer	Answer
	AnswerReal estate and personal property taxesMotor vehicle and other excise taxesGrants and contributions not restrictedGeneral governmentPublic safetyEducationPublic worksHuman servicesLibraryPension and benefitsInterestSanitationMunicipal pool	Answer	Answer	Answer	Answer	Answer	Answer
	Total governmental activities	Answer	Answer	Answer	Answer	Answer	Answer
	Business type activities--
	Sanitation	Answer	Answer	Answer	Answer	Answer	Answer
	AnswerReal estate and personal property taxesMotor vehicle and other excise taxesGrants and contributions not restrictedGeneral governmentPublic safetyEducationPublic worksHuman servicesLibraryPension and benefitsInterestSanitationMunicipal pool	Answer	Answer	Answer	Answer	Answer	Answer
	Total business type activities	Answer	Answer	Answer	Answer	Answer	Answer
	Total primary government	Answer	Answer	Answer	Answer	Answer	Answer
General revenues--
	Real estate and personal property taxes				Answer	Answer	Answer
	Motor vehicle and other excise taxes				Answer	Answer	Answer
	AnswerReal estate and personal property taxesMotor vehicle and other excise taxesGrants and contributions not restrictedGeneral governmentPublic safetyEducationPublic worksHuman servicesLibraryPension and benefitsInterestSanitationMunicipal pool				Answer	Answer	Answer
	Total general revenues				Answer	Answer	Answer
	Change in net position				Answer	Answer	Answer
Net position:
	Beginning of year				Answer	Answer	Answer
	End of year				Answer	Answer	Answer