The City of Bernard starts the year of 2024 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, 2023, 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: