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 $392,000 Franchise taxes 47,600 Charges for general government services 7,400 Charges for public safety services 4,100 Charges for health and sanitation services 60,600 Issued long-term note payable 269,500 Receivables at end of year: Property taxes (90% estimated to be collectible) 101,000 Payments: Salary: General government 68,850 Public safety 39,300 Health and sanitation 27,500 Rent: General government 11,500 Public safety 26,300 Health and sanitation 5,700 Maintenance: General government 38,200 Public safety 5,400 Health and sanitation 10,700 Insurance: General government 9,500 Public safety ($3,600 still prepaid at end of year) 14,600 Health and sanitation 14,600 Interest on debt 21,560 Principal payment on debt 5,390 Storage shed 171,000 Equipment 98,500 Supplies (20% still held) (public safety) 20,700 Investments 103,000 Ordered but not received: Equipment 19,500 Due in one month at end of year: Salaries: General government 5,400 Public safety 7,800 Health and sanitation 9,000 Compensated absences (such as vacations and sick days) are legally owed to general government workers at year-end total $14,700. 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 $19,800. 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 $117,700 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 method. b-2. Prepare a balance sheet for the general fund as of December 31, 2017. Assume that the city applies the consumption method.