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The following information is available for the preparation of the government-wide financial statements for the City of Northern Pines for the year ended June 30,
The following information is available for the preparation of the government-wide financial statements for the City of Northern Pines for the year ended June 30, 2020:
Expenses:General government$10,640,000Public safety24,200,000Public works13,090,000Health and sanitation6,330,000Culture and recreation4,329,000Interest on long-term debt, governmental type1,033,000Water and sewer system12,750,000Parking system432,000Revenues:Charges for services, general government1,201,000Charges for services, public safety1,530,000Operating grant, public safety710,000Charges for services, health and sanitation2,475,000Operating grant, health and sanitation1,330,000Charges for services, culture and recreation2,261,000Charges for services, water and sewer13,998,000Charges for services, parking system302,000Property taxes28,612,000Sales taxes21,898,000Investment earnings, business-type322,000Special itemgain on sale of unused land, governmental type1,335,000Transfer from governmental activities to business-type activities875,000Net position, July 1, 2019, governmental activities13,422,000Net position, July 1, 2019, business-type activities23,533,000From the above information, prepare a Statement of Activities for the City of Northern Pines for the year ended June 30, 2020. Northern Pines has no component units
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