The City of Bernard starts the year of 2020 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, 2019, for general government purposes for $382,000 and a related long-term debt of $305,600. 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 Sales taxes Dividend income Charges for general government services Charges for public safety services Charges for public works Charges for health and 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 ($14,500 is expected to be uncollectible) Payments: Salary: General government Public safety Public works Health and sanitation (all from grant) Utilities: General government Public safety Public works Health and sanitation $569,000 104,800 29,000 16,900 9,100 5,400 40,300 8,350 34,400 260,000 104,350 178,500 97,000 96,750 69,250 31,100 13,650 18,450 16.400 6.000