the information disclosed in the financial 713. Proprietary Fund Operating Statement. (LO7-1) Calhoun County has pre- pared the following operating statement for its proprietary funds. The county has three enterprise funds and two internal service funds. CALHOUN COUNTY Income Statement and Reconciliation to Government-wide Statement of Position Proprietary Funds For the Year Ended December 31 (amounts expressed in thousands) Total Total Internal Business- Enterprise Funds Service Funds Total Items Reconciling type Activities Revenues Charges for services $ 61,309 $10,621 Investment income 1,086 59 $ 71,930 1,145 $ 1,000 $ 72,930 (1,086) 59 Total Revenues 62,395 10,680 73,075 (86) 72,989 Expenses and expenditures Personnel services 24.196 5,681 29,877 29,877 Supplies and materials 11,540 3,293 14,833 14,833 Interest expense 6,904 172 7,076 7,076 Depreciation 11,213 2,076 13,289 (13,289) 0 Loss on disposal of capital assets 200 200 200 Total expenses and expenditures 54,053 11,222 65,275 (13,289) 51,986 Net income (loss) 8,342 (542) 7,800 13,203 21,003 Special item-loss on sale (3.794) (3,794) (3,794) Net assets-January 1 288,611 3,337 291,948 291,948 Net assets-December 31 $293,159 $ 2,795 $295,954 $13,203 $309,157