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: $478, 000 47,000 Property taxes Franchise taxes Charges for general government services 6,900 Charges for health and sanitation services 43,900 328,000 Issued long-term note payable Receivables at end of year: Property taxes (90% estimated to be collectible) 107,600 Payments: Sal eral government 68,900 Public safety Health and sanitation 43,600 27,900 Rent: 11,600 19,400 3,900 General government Public safety Maintenance anitation General government Public safety 35,000 7,800 Health and sanitation 11,100 Insurance: General government 7,800 100 still prepaid at end of year) Health and sanitation 20,100 Interest on debt 26,240 6,560 Principal payment on debt Storage shed Equipment Supplies (20% still held) Investments Or 202,000 126,000 23,300 106,000 (public safety) not received: Eguipment 17,000 Due in one month at end of year: Salaries: General government Public safety 5,100 7,500 Health and sanitation 9,000 Compensated absences (such as vacations and sick days) are legally owed to general government workers at year-end total $22,900. 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 $16,000. 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 $127,600 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