The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state government abatement functions, conducting research on mosquito abatement, and promoting abatement through public education The following information is available at the end of the first quarter (December 31, 2020) Government Coordination Apportionments from OMB Allotments first quarter Salaries paid Accrued salaries payable Supplies ordered and received Supplies used Depreciation Equipment purchases Program revenue: Charges for service $3,100,000 1,900,000 36,000 221,000 156,000 52,000 1,203,000 Public Research Education Total , 758,000 $2,100,000 $1,468,000 6,758,000 876,000 1,057,000 3,833,000 44,000 25,000 105,000 524,000 188,000 933,000 521,000 166,000 843,000 113,000 12,000 177,000 734,000 56,000 2,053,000 182,000 182,000 Required: Prepare a Statement of Net Cost for the quarter ended December 31. (Deductions should be entered with a minus sign)

he Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state overnment abatement functions, conducting research on mosquito abatement, and promoting abatement through public education. The following information is available at the end of the first quarter (December 31, 2020): Required: Prepare a Statement of Net Cost for the quarter ended December 31. (Deductions should be entered with a minus sign.)