The City of Bernard starts the year of 2017 with the following unrestricted amounts in its general fund: cash of $23,750 and investments of $81,750. In addition, it holds a small building bought on January 1, 2016, for general government purposes for $324,000 and related long-term debt of $259,200. 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 $631,000 Sales taxes 107,100 Dividend income 26,000 Charges for general government services 24,400 Charges for public safety services 12,550 Charges for public works 6,000 Charges for health and sanitation services 38,800 Charges for landfill 8,400 Grant to be used for salaries for health workers (no eligibility requirements) 28,900 Issued long-term note payable 260,000 Sold above investments 96,850 Receivables at year-end: Property taxes ($15,100 is expected to be uncollectible) 134,000 Payments: Salary: General government 112,000 Public safety 105,500 Public works 86,000 Health and sanitation (all from grant) 23,800 Utilities: General government 11,450 Public safety 16,350 Public works 17,350 Health and sanitation 5,700 Insurance: General government 32,700 Public safety 15,500 Public works (all prepaid as of the end of the year) 7,800 Health and sanitation 5,400 Miscellaneous: General government 12,600 Public safety 12,300 Public works 13,000 Health and sanitation 8,500 Interest on previous debt 25,920 Principal payment on previous debt 15,600 Interest on new debt 23,400 Building (public works) 246,000 Equipment (public safety) 114,000 Public works supplies (30% still held) 28,700 Investments 114,500 Ordered but not received: Equipment 28,750 Supplies 9,600 Due at end of year: Salaries: General government 19,800 Public safety 19,300 Public works 6,300 On the last day of the year, the city borrowed $68,000 from a local bank and used that money to buy a truck. The first payment on the loan (plus interest) will be made at the end of the next year. 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 $298,500 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 $124,150 at year-end. a-1. Prepare a statement of activities for governmental activities for December 31, 2017, and the year then ended. a-2. Prepare a statement of net position for governmental activities for December 31, 2017, and the year then ended. b-1. Prepare a statement of revenues, expenditures, and other changes in fund balances for the General Fund as of December 31, 2017, and the year then ended. Assume that the purchases method is being applied. b-2. Prepare a balance sheet for the General Fund as of December 31, 2017, and the year then ended. Assume that the purchases method is being applied.