The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash of $29,250 and investments of $72,000. In addition, it holds a small building bought on January 1, 2019, for general government purposes for $381,000 and a related long-term debt of $304,800. 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 taxes	$533,000
Sales taxes	105,000
Dividend income	30,000
Charges for general government services	24,400
Charges for public safety services	8,100
Charges for public works	5,400
Charges for health and sanitation services	34,500
Charges for landfill	8,800
Grant to be used for salaries for health workers (no eligibility requirements)	28,000
Issued long-term note payable	212,000
Sold investments (mentioned above)	89,900
Receivables at year-end:
Property taxes ($12,100 is expected to be uncollectible)	177,000
Payments:
Salary:
General government	100,500
Public safety	98,000
Public works	85,000
Health and sanitation (all from grant)	23,800
Utilities:
General government	10,800
Public safety	19,250
Public works	16,200
Health and sanitation	4,800
Insurance:
General government	32,100
Public safety	15,600
Public works (all prepaid as of the end of the year)	8,100
Health and sanitation	5,700
Miscellaneous:
General government	19,500
Public safety	14,400
Public works	9,600
Health and sanitation	10,150
Interest on previous debt	30,480
Principal payment on previous debt	17,700
Interest on new debt	19,080
Building (public works)	216,000
Equipment (public safety)	96,000
Public works supplies (30% still held)	27,100
Investments	113,000
Ordered but not received:
Equipment	26,250
Supplies	11,050
Due at end of year:
Salaries:
General government	14,900
Public safety	18,200
Public works	5,700

On the last day of the year, the city borrows $68,000 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 $304,000 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 $121,700 at year-end.

1. 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.