The following information pertains to the City of Williamson for 2017, 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 Franchise taxes Charges for general government services Charges for public safety services Charges for health and sanitation services Issued long-term note payable $418,000 45,100 6,500 4,800 45,200 308,000 Receivables at end of year: Property taxes (90% estimated to be collectible) 106,000 Payments: Salary: General government Public safety Health and sanitation 68,300 34,100 20,100 Rent: General government Public safety Health and sanitation 12,800 11,800 5,700 Maintenance: 30,200 6,300 11,300 General government Public safety Health and sanitation Insurance: 10,400 14,400 15,400 24,640 6,160 189,000 119,000 16,500 102,000 General government Public safety ($4,400 still prepaid at end of year) Health and sanitation Interest on debt Principal payment on debt Storage shed Equipment supplies (20% still held) (public safety) Investments Ordered but not received: Equipment 15,500 Due in one month at end of year: Salaries: General government Public safety Health and sanitation 6,600 8,400 10,800 Compensated absences (such as vacations and sick days) are legally owed to general government workers at year-end total $18,900 These amounts will not be taken by the employees until so late in 2018 that the payment is not viewed as requiring 2017 current financial resources. The city received a piece of art this year as a donation. It is valued at $23,800. 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 $120,300 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, 2017. a-2. Prepare a statement of net position for governmental activities for December 31, 2017. b-1. Prepare a statement of revenues, expenditures, and other changes in fund balances for the general fund as of December 31, 2017 Assume that the city applies the consumption methoo b-2. Prepare a balance sheet for the general fund as of December 31, 2017. Assume that the city applies the consumption method