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Problem 17-9(LO 3) Statement of activities. From the following information, prepare a statement of activities for the city of Rose as of June 30, 2019.

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Problem 17-9(LO 3) Statement of activities. From the following information, prepare a statement of activities for the city of Rose as of June 30, 2019. Expenses General government Public works Culture and recreation $1,300,000 240,000 1,000,000 650,000 450,000 60,000 1,500,000 45,000 Revenues: Operating grant, public safety Charges for services, health and sanitation..... Operating grant, health and sanitation . .. . . . . . . . . Charges for services, culture and recreation..... . .. . .. Charges for services, water and sewer .. .. . . . Charges for services, parking system . Property taxes Sales taxes Investment earnings, business-ype 100,000 25,000 70,000 250,000 150,000 200,000 1,800,000 40,000 2,500,000 2,000,000 30,000 140,000 70,000 1,400,000 2,500.000 . . . .. . . Special item--gain on sale of unused land, governmental type . . .. Transfer from governmental activities to businesstype activities...... Net position, July 1,2018, business-type octivities

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