The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash of $42,250 and investments of $82,500. In addition, it holds a small building bought on January 1, 2019, for general government purposes for $318,000 and a related long-term debt of $254,400. 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 $597,000 107,800 25,000 Charges for general government services 19,400 Charges for public safety services 12,050 Charges for public works 5,700 Charges for health and sanitation services 40,800 Charges for landfill 9,200 Grant to be used for salaries for health workers (no eligibility requirements) 28,500 Issued long-term note payable 221,000 Sold investments (mentioned above) 96,650 Receivables at year-end: Property taxes ($10,100 is expected to be uncollectible) 136,500 Payments: Salary: General government 137,000 Public safety 107,750 Public works 74,250 Health and sanitation (all from grant). 23,400 Utilities: General government 10,000 Public safety 20,300 Public works 17,550 Health and sanitation 6,000 Insurance: General government 28,700 Public safety 14,200 Public works (all prepaid as of the end of the year) 8,700 Health and sanitation 4,800 Miscellaneous: Public safety Public works General government 12,500 12,800 13,650 Health and sanitation 9,300 Interest on previous debt 25,440 Principal payment on previous debt 13,900 Interest on new debt 19,890 Building (public works) 222,000 Equipment (public safety) 99,000 Public works supplies (30% still held) 21,700 Investments 140,500 Ordered but not received: Equipment 37,500 7,250 Supplies Due at end of year: Salaries: General government Public safety Public works 16,600 20,100 7,500 On the last day of the year, the city borrows $70,000 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 $276,500 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 $145,650 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