(Statement of Revenues, Expenditures, and Changes in Fund Balance) Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the year ended June 30, 20X8, for the General Fund of Powers Village, given the following information: Fund balance, July 1, 20X7... Property tax revenues Licenses and fees revenues. ... Grant revenues... General government expenditures. Public safety expenditures.. Highway and streets expenditures. Judicial expenditures Purchases of equipment... Proceeds from issuance of short-term notes.. Payments to retire long-term notes Interest payments.... Accrued interest on short-term notes Accrued interest on long-term notes... Transfer to Debt Service Fund to provide for principal and interest payments on bonded debt .... Transfer to establish a new Central Stores Fund Encumbrances (Orders) outstanding at June 30, 20X8, were for: Equipment... General government purposes Highway and streets purposes.. $ 3,300,800 10,000,000 1,400,000 700,000 1,900,000 3,000,000 3,200,000 1,800,000 1,700,000 750,000 900,000 120,000 40,000 50,000 380,000 1,000,000 72,000 144,000 134,500