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 $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 (such as vacations and sick days) legally owed to general government workers at year-end total $13,000. 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 $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, 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.