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$435,000Franchise taxes50,700Charges for general government services5,700Charges for public safety services5,800Charges for health and sanitation services45,600Issued long-term note payable309,000Receivables at end of year:Property taxes (90% estimated to be collectible)106,600Payments:Salary:General government66,600Public safety44,900Health and sanitation25,900Rent:General government13,400Public safety23,200Health and sanitation3,300Maintenance:General government34,200Public safety7,800Health and sanitation9,500Insurance:General government7,900Public safety ($4,500 still prepaid at end of year)15,900Health and sanitation14,300Interest on debt24,720Principal payment on debt6,180Storage shed214,000Equipment95,000Supplies (20% still held) (public safety)18,600Investments113,000Ordered but not received:Equipment13,500Liabilities, all of which are due in one month at end of year:Salaries:General government4,500Public safety6,900Health and sanitation8,700

Compensated absences (such as vacations and sick days) legally owed to general government workers at year-end total $19,300. 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 $20,900. 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 $126,900 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.