The City of Bernard starts the year of 2020 with the following unrestricted amounts in its general fundcash 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 percentThe general fund has four separate functionsgeneral government public safety, public works, and health and sanitationOther 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 ($19,900 is expected to be uncollectible) $601,000103,30021,00016,0009,3503,90038,2008,90027,900209,00097,450153,500116,000111,00074,25022,50011,30016,45016,1506,30030,80018,9008,1004,80012,49019,90010,458 Payments:Salary:GeneralgovernmentPublicsafetyPublicworksHealthandsanitation(allfromgrant)Utilities:GeneralgovernmentPublicsafetyPublicworksHealthandsanitationInsurance:GeneralgovernmentPublicsafetyPublicworks(allprepaidasoftheendoftheyear)HealthandsanitationMiscellaneous:GeneralgovernmentPublicsafetyPublicworks Utilities: General government Public safety Public works Health and sanitation Insurance: General government Public safety Public works (all prepaid as of the end of the year) Health and sanitation Miscellaneous: General government Public safety Public works Health and sanitation Interest on previous debt Principal payment on previous debt Interest on new debt Building (public works) Equipment (public safety) Public works supplies ( 30% still held) Inves tments Ordered but not received: Equipment Supplies Due ot end of year: 11,36016,45016,1506,300 30,80018,9008,1004,800 12,400 19,900 10,450 7,800 29,360 17,800 18,810 216,000 93,000 24,200 115,000 33,750 11,700 Salaries: General govecnment Public safety 18,500 Public works 18,650 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 landfil 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 landfil 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 to years. Assume the city records a full year's depreciation in the vear of acquisition The investments have a market value of $120,450 at year-end Q-1. Prepare a statement of activities for govemmental acturites in povernment-wide financial statements for December 31.2020 and the year then ended a.2. Prepare a statement of net position for povernmental activities in povernment-wide financial statements for December 31.2020 and the year then ended. b-1. Prepse 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 methad 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 in applied