The following information pertains to the City of Williamson for 2015, its first year of legal existence. For convenience, assume that all transactions are for the General Fund, which has three separate functions: general government, public safety, and health and sanitation.

Receipts:
Property taxes	$320,000
Franchise taxes	42,000
Charges for general government services	5,000
Charges for public safety services	3,000
Charges for health and sanitation services	42,000
Issued long-term note payable	200,000
Receivables at end of year:
Property taxes (90% estimated to be collectible)	90,000
Payments:
Salary:
General government	66,000
Public safety	39,000
Health and sanitation	22,000
Rent:
General government	11,000
Public safety	18,000
Health and sanitation	3,000
Maintenance:
General government	21,000
Public safety	5,000
Health and sanitation	9,000
Insurance:
General government	8,000
Public safety ($2,000 still prepaid at end of year)	11,000
Health and sanitation	12,000
Interest on debt	16,000
Principal payment on debt	4,000
Storage shed	120,000
Equipment	80,000
Supplies (20% still held) (public safety)	15,000
Investments	90,000
Ordered but not received:
Equipment	12,000
Due in one month at end of year:
Salaries:
General government	4,000
Public safety	7,000
Health and sanitation	8,000

Compensated absences legally owed to general government workers at year-end total $13,000. These amounts will not be taken by the employees until late in the year 2016.

The city received a piece of art this year as a donation. It is valued at $14,000. It will be used for general government purposes. There are no eligibility requirements. The city chose not to capitalize this property.

The general government uses the storage shed that was acquired this year. It is being depreciated over 10 years using the straight-line method with no salvage value. The city uses the equipment for health and sanitation and depreciates it using the straight-line method over five years with no salvage value.

The investments are valued at $103,000 at the end of the year.

For the equipment that has been ordered but not yet received, the City Council (the highest decision-making body in the government) has voted to honor the commitment when the equipment is received.

a-1	Prepare a statement of activities for governmental activities for December 31, 2015

a-2	Prepare a statement of net position for governmental activities for December 31, 2015. (Amounts to be deducted should be indicated by a minus sign.)

b.	Prepare a statement of revenues, expenditures, and other changes in fund balances and a balance sheet for the General Fund as of December 31, 2015, and the year then ended. Assume that the city applies the consumption method.