The following water and sewer fund information is available for the preparation of the financial statements for

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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 ended December 31, 2017:

Operating revenues-charges for services ........................... $18,087,000

Operating expenses:

Personnel services ...................................................... 6,177,000

Contractual services ...................................................... 2,995,000

Utilities ........................................................................888,000

Repairs and maintenance ..................................................1,992,000

Depreciation ................................................................5,422,000

Interest revenue ...............................................................29,000

State aid (intergovernmental revenue) ....................................100,000

Interest expense ..............................................................434,000

Capital contributions ......................................................1,632,000

Transfer to General Fund ...................................................365,000

Net position, January 1, 2017 ............................................2,700,000

From the information given above, prepare, in good form, 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, 2017.

Financial Statements
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