The following information pertains to the City of Williamson for 2020, 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 $346,000 Franchise taxes 43,500 Charges for general government services 6,400 Charges for public safety services 5,200 Charges for health and sanitation services 46,500 Issued long-term note payable 209,500 Receivables at end of year: Property taxes (90% estimated to be collectible) 105,500 Payments: Salary: General government 69,150 Public safety 48,800 Health and sanitation 29,200 Rent: General government 20,500 Public safety 23,100 Health and sanitation 3,000 Maintenance: General government 34,400 Public safety 6,300 Health and sanitation 11,200 Insurance: General government 8,200 Public safety ($2,200 still prepaid at end of year) 11,700 Health and sanitation 15,600 Interest on debt 16,760 Principal payment on debt 4,190 Storage shed 123,000 Equipment 86,500 Supplies (20% still held) (public safety) 24,200 Investments 97,000 Ordered but not received: Equipment 17,500 Liabilities, all of which are due in one month at end of year: Salaries: General government 5,400 Public safety 7,800 Health and sanitation 8,700 Compensated absences (such as vacations and sick days) legally owed to general government workers at year-end total $16,400. These amounts will not be taken by the employees until so late in 2021 that the payment is not viewed as requiring 2020 current financial resources. The city received a piece of art this year as a donation. It is valued at $17,500. The city plans to use it for general government purposes. The gift has no eligibility requirements. The city chose not to capitalize this property. General government activities use the storage shed that was acquired this year. It is depreciated over a 10-year period using the straight-line method with no residual value. The city uses the equipment for health and sanitation and depreciates it using the straight-line method over five years with no residual value. The investments are valued at $119,000 at the end of the year. For the equipment that was ordered but not yet received, the City Council (the highest decision-making body in the government) voted to honor the commitment when the equipment eventually arrives. 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 that the city applies the consumption method. 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 that the city applies the consumption method