The Cay of Bemad starts the year of 2020 with the following uniestricted amounts in its peneral fund. cash of $31,500 and investments of 581,250 . In addition, in holds a small building bought on January 1,20019 , for general government purposes for $367,000 arnd a related long-term debt of $293.600. The building is depeciated on the straight-fine method over to years The annual interest rate on the debt is 10 percent. The general fund has four separate functions; general government, public safely, public works, and health and santation. Other information includes the following Prepare a balance sheet for the general fund in fund financial statements as of December 31,2020 , and the year then ended. Assume the purchases method is applied