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.

Req A1 Req A2 Req B1 Req B2 Prepare a statement of activities for governmental activities in government-wide financial statements for December 31 , 2020 , and the year then Prepare a statement of net position for governmental activities in government-wide financial stat Prepare a statement of revenues, expenditures, and other changes in fund balances for th ipl Prepare a balance sheet for the general fund in fund financial statement Assume that the city applies the consumption method