Problem: The following additional information is furnished to complete this part of the problem.
1. Norman has no activities other than governmental activities. The city's government-wide statement of net position for the year ended December 31, 2018, showed general capital assets of $14,000 and related accumulated depreciation of $6,400.
2. Depreciation expense on Norman's general capital assets for 2019 (including assets acquired in 2019) was $700, all of which was applicable to public safety.
3. The city's government-wide statement of net position for the year ended December 31, 2018, showed bonds payable of $5,500. All the debt had been issued to finance capital assets. Analysis of Norman's debt service requirements showed that $700 of the total bonds payable as of December