The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fund: cash of $26,000 and investments of $86,750. In addition, it holds a small building bought on January 1, 2019, for general government purposes for $366,000 and a related long-term debt of $292,800. 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	$563,000
Sales taxes	108,100
Dividend income	24,000
Charges for general government services	15,900
Charges for public safety services	11,700
Charges for public works	5,100
Charges for health and sanitation services	36,900
Charges for landfill	9,150
Grant to be used for salaries for health workers (no eligibility requirements)	29,800
Issued long-term note payable	212,000
Sold investments (mentioned above)	102,650
Receivables at year-end:
Property taxes ($11,400 is expected to be uncollectible)	166,500
Payments:
Salary:
General government	113,000
Public safety	95,250
Public works	87,750
Health and sanitation (all from grant)	25,900
Utilities:
General government	13,150
Public safety	18,900
Public works	15,300
Health and sanitation	6,000
Insurance:
General government	32,400
Public safety	20,400
Public works (all prepaid as of the end of the year)	7,200
Health and sanitation	6,600
Miscellaneous:
General government	16,900
Public safety	13,300
Public works	10,150
Health and sanitation	8,250
Interest on previous debt	29,280
Principal payment on previous debt	16,300
Interest on new debt	19,080
Building (public works)	222,000
Equipment (public safety)	90,000
Public works supplies (30% still held)	23,000
Investments	146,000
Ordered but not received:
Equipment	41,500
Supplies	11,600
Due at end of year:
Salaries:
General government	17,900
Public safety	19,600
Public works	6,300

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 $267,500 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 $153,550 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.