The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash of $31,500 and investments of $81,250. In addition, it holds a small building bought on January 1, 2019, for general government purposes for $367,000 and a related long-term debt of $293,600. 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	$601,000
Sales taxes	103,300
Dividend income	21,000
Charges for general government services	16,000
Charges for public safety services	9,350
Charges for public works	3,900
Charges for health and sanitation services	38,200
Charges for landfill	8,900
Grant to be used for salaries for health workers (no eligibility requirements)	27,900
Issued long-term note payable	209,000
Sold investments (mentioned above)	97,450
Receivables at year-end:
Property taxes ($19,900 is expected to be uncollectible)	153,500
Payments:
Salary:
General government	116,000
Public safety	111,000
Public works	74,250
Health and sanitation (all from grant)	22,500
Utilities:
General government	11,300
Public safety	16,450
Public works	16,150
Health and sanitation	6,300
Insurance:
General government	30,800
Public safety	18,900
Public works (all prepaid as of the end of the year)	8,100
Health and sanitation	4,800
Miscellaneous:
General government	12,400
Public safety	19,900
Public works	10,450
Health and sanitation	7,800
Interest on previous debt	29,360
Principal payment on previous debt	17,800
Interest on new debt	18,810
Building (public works)	216,000
Equipment (public safety)	93,000
Public works supplies (30% still held)	24,200
Investments	115,000
Ordered but not received:
Equipment	33,750
Supplies	11,700
Due at end of year:
Salaries:
General government	18,500
Public safety	18,650
Public works	6,600

On the last day of the year, the city borrows $73,000 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 $290,500 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 years depreciation in the year of acquisition.

The investments have a market value of $120,450 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.

Please do for 1