The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash of $36,750 and Investments of $71,750. In addition, it holds a small building bought on January 1, 2019, for general government purposes for $346,000 and a related long-term debt of $276,800. 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 taxe Sales taxes Dividend income Charges for general government services Charges for public safety services Charges for public works Charges for health and a d sanitation services Charges for landfill Grant to be used for salaries for health workers (no eligibility requirements) Issued long-term note payable Sold investments (mentioned above) Receivables at year-end: Property taxes ($10,000 is expected to be uncollectible) $605,000 99,600 28,000 15,000 8,250 3,900 38,000 11,700 30,600 230,000 86,250 150,000 General government Public safety Public works Health and sanitation (all from grant) : government Public safety pubite Public works Health and a sanitation General government Public safety Public works (all prepaid as of the end of the year) Health and sanitation General government Public safety Public works Public Health and sanitation on previous debt 129,000 109,250 77,750 26,100 13,800 19,300 15,350 6,600 31,500 21,700 7,200 5,100 16,000 10,000 9,800 7,800 27,680 Principal payment on previous debt 10,200 Interest on new debt 20,700 Building (public works) 228,000 Equipment (public safety) 102,000 Public works supplies (30% still held) 26,300 112,000 Ordered but not received: Equipment 32,500 Supplies 8,350 Due at end of year: Salaries: General government Public safety Public works 14,600 19,250 5,700 On the last day of the year, the city borrows $72,000 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 $304,500 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 year's depreciation in the year of acquisition. The investments have a market value of $121,000 at year-end. a-1. Prepare a statement of activities for governmental activities in government-wide financial statements for December 31, 2020, and the year then ended. 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. 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. 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.