The City of Bernard starts the year of 2015 with the following unrestricted amounts in its General Fund: cash of $31,750 and investments of $89,000. In addition, it holds a small building bought on January 1, 2014, for general government purposes for $382,000 and related long-term debt of $305,600. The building is being depreciated on the straight-line method over 10 years. The interest rate is 10 percent. The General Fund has four separate functions: general government, public safety, public works, and health and sanitation. Other information includes the following:

Receipts:
Property taxes	$569,000
Sales taxes	104,800
Dividend income	29,000
Charges for general government services	16,900
Charges for public safety services	9,100
Charges for public works	5,400
Charges for health and sanitation services	40,300
Charges for landfill	8,350
Grant to be used for salaries for health workers
(no eligibility requirements)	34,400
Issued long-term note payable	260,000
Sold above investments	104,350
Receivables at year-end:
Property taxes ($14,500 is expected to be uncollectible)	178,500
Payments:
Salary:
General government	97,000
Public safety	96,750
Public works	69,250
Health and sanitation (all from grant)	31,100
Utilities:
General government	13,650
Public safety	18,450
Public works	16,400
Health and sanitation	6,000
Insurance:
General government	31,400
Public safety	12,000
Public works (all prepaid as of the end of the year)	7,200
Health and sanitation	6,000
Miscellaneous:
General government	12,300
Public safety	16,000
Public works	11,000
Health and sanitation	11,850
Interest on previous debt	30,560
Principal payment on previous debt	16,700
Interest on new debt	23,400
Building (public works)	246,000
Equipment (public safety)	114,000
Public works supplies (30% still held)	28,000
Investments	143,000
Ordered but not received:
Equipment	30,250
Supplies	7,250
Due at end of year:
Salaries:
General government	23,500
Public safety	18,650
Public works	4,800

The city leased a truck on the last day of the year. The first payment will be made at the end of the next year. Total payments will amount to $96,100 but have a present value of $71,000.

The city started a landfill this year that it is recording within its General Fund. It is included as a public works function. Closure costs today would be $306,500 although the landfill is not expected to be filled for nine more years. The city has incurred no costs to date although the landfill is now 15 percent filled.

For the equipment and supplies that have been ordered but not yet received, the City Council (the highest decision-making body in the government) has voted to honor the commitment when the items are received.

The new building is being depreciated over 20 years using the straight-line method and no salvage value, whereas depreciation of the equipment is similar except that its life is only 10 years. Assume the city records a full years depreciation in the year of acquisition.

The investments are valued at $152,800 at year-end.

a.	Prepare a statement of activities and a statement of net position for governmental activities for December 31, 2015, and the year then ended.