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The following water and sewer fund information is available for the preparation of the financial statements for the City of Western Sands for the year

The following water and sewer fund information is available for the preparation of the financial statements for the City of Western Sands for the year ended December 31,2024: The following water and sewer fund information is available for the preparation of the financial statements for the City of Western
Sands for the year ended December 31,2024:
Required:
From the information given above, prepare a Water and Sewer Fund column for the proprietary fund Statement of Revenues,
Expenses, and Changes in Fund Net Position for the year ended December 31,2024.
Note: Negatlve entrles should be entered with a minus sign and will appear In parenthesis.
Answer is not complete. \table[[Contractual Services,V,2,995,000],[Utilities,2,888,000],[Repairs and Maintenance,O,1,992,000],[Depreciation,V,3,470,000],[Total Operating Expenses,,15,222,000],[Operating Income (Loss),,348,000],[Noncapital Subsidies],[Intergovernmental Revenues,V,100,000],[State Aid,x,29,000\times ],[Total Noncapital Subsidies,,129,000],[Operating Income (Loss) and Noncapital Subsidies,,477,000],[Other Nonoperating Revenues (Expenses)],[Interest Expense,Q,(104,000)*],[Capital Contributions,2,1,632,000],[Total Other Nonoperating Revenue (Expense),,1,528,000],[Change in Net Position,,2,005,000],[Net Position, Beginning of Year,,2,020,000],[Net Position, End of Year,,$4,025,000]]
Operating revenuescharges for services $15,570,000
Operating expenses:
Personnel services 5,877,000
Contractual services 2,995,000
Utilities 888,000
Repairs and maintenance 1,992,000
Depreciation 3,470,000
Interest revenue 29,000
State aid (intergovernmental revenue)100,000
Interest expense 104,000
Capital contributions 1,632,000
Transfer to General Fund (noncapital)365,000
Net position, January 1,20242,020,000
Required:
From the information given above, prepare a Water and Sewer Fund column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the year ended December 31,2024.
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