prepare in good form, a statment of activities for the city of monroefor the year ended december31,2015. For puposes of this statment, assume:

$332,000 in the general fund is a state grant specifically to support general government programs

$1072000 in the Street and Highway fund is an operating grant specifically for highway and street maintenance expenses.

$1320000 in the city jail construction fund is a capital grant that applies to public safety.

use the balances computed in part 2 for the governmental activities portion of the statment. Use the solution P6-C (Enterprise fund) to preapre the business activities portion(net any short-term interfund payables/receivable).