The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash of $40,750 and investments of $87,750. In addition, it holds a small building bought on January 1, 2019, for general government purposes for $314,000 and a related long-term debt of $251,200. The building is depreciated on the straight-line method over 10 years. The annual interest rate on the debt 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	$603,000
Sales taxes	105,800
Dividend income	23,000
Charges for general government services	16,200
Charges for public safety services	11,850
Charges for public works	5,400
Charges for health and sanitation services	39,700
Charges for landfill	8,500
Grant to be used for salaries for health workers (no eligibility requirements)	35,000
Issued long-term note payable	251,000
Sold investments (mentioned above)	106,100
Receivables at year-end:
Property taxes ($10,900 is expected to be uncollectible)	147,000
Payments:
Salary:
General government	125,500
Public safety	96,500
Public works	80,250
Health and sanitation (all from grant)	30,500
Utilities:
General government	9,700
Public safety	19,350
Public works	13,850
Health and sanitation	6,900
Insurance:
General government	25,400
Public safety	12,300
Public works (all prepaid as of the end of the year)	7,200
Health and sanitation	5,100
Miscellaneous:
General government	16,500
Public safety	17,400
Public works	9,900
Health and sanitation	11,150
Interest on previous debt	25,120
Principal payment on previous debt	11,500
Interest on new debt	22,590
Building (public works)	240,000
Equipment (public safety)	111,000
Public works supplies (30% still held)	29,900
Investments	152,500
Ordered but not received:
Equipment	33,250
Supplies	11,350
Due at end of year:
Salaries:
General government	22,100
Public safety	21,750
Public works	7,500

On the last day of the year, the city borrows $69,000 from a local bank and uses the 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 opens a landfill this year that it records within its general fund. It is a public works function. Closure costs today is estimated as $293,000 although officials do not expect the landfill to be filled for nine more years. The city has incurred no costs to date. The landfill is now 15 percent filled.

For the equipment and supplies that were 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 arrive.

The new building is depreciated over 20 years using the straight-line method and no residual value. 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 have a market value of $158,600 at year-end.

1. a-1. Prepare a statement of activities for governmental activities in government-wide financial statements for December 31, 2020, and the year then ended.

2. a-2. Prepare a statement of net position for governmental activities in government-wide financial statements for December 31, 2020, and the year then ended.

3. b-1. Prepare a statement of revenues, expenditures, and other changes in fund balances for the general fund in fund financial statements as of December 31, 2020, and the year then ended. Assume the purchases method is applied.

4. b-2. 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.