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undefined 8-8. The following information is available for the preparation of the government-wide financial statements for the City of Northern Pines for the year ended
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8-8. The following information is available for the preparation of the government-wide financial statements for the City of Northern Pines for the year ended June 30, 2020: Expenses: General government Public safety Public works Health and sanitation Culture and recreation Interest on long-term debt, governmental type Water and sewer system Parking system $11.960.000 23.900.000 11.290,000 6,010,000 4,198,000 721,000 10,710,000 409,000 Revenues: Charges for services, general government Charges for services, public safety Operating grant, public safety Charges for services, health and sanitation Operating grant, health and sanitation Charges for services, culture and recreation Charges for services, water and sewer Charges for services, parking system Property taxes Sales taxes Investment earnings, business-type Special item-gain on sale of unused land governmental type Transfer from business-type activities to governmental activities Net position, July 1, 2019, governmental activities Net position, July 1, 2019, business-type activities 1.510.000 210,000 798.000 2.355.000 1.210,000 1.998,000 11,588.000 388,000 27.112.000 20,698,000 325.000 1.250,000 700,000 5,800,000 4.600.000 From the previous information, prepare, in good form, a Statement of Activities for the City of Northern Pines for the year ended June 30, 2020. Northern Pines has no component unitsStep by Step Solution
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