Question - Consider the following information for Cowboys Town for the year ended December 31, 2015.
Expenses - parking garage (enterprise fund) $ 1,200,000
Expenses - general government 52,000,000
Expenses - public safety 36,000,000
Expenses - health and sanitation 15,000,000
General property taxes 62,000,000
Unrestricted grants and contributions 6,000,000
Interest on general long-term debt 420,000
Charges for general government services 20,000,000
Charges for parking services 1,300,000
Charges for public safety services 2,500,000
Charges for health services 8,100,000
State grants for public safety 4,000,000
Gain on sale of general capital assets 200,000
Investment income - governmental activities 210,000
Net assets, 1/1/2015 - governmental activities 120,000,000
Net assets, 1/1/2015 - business-type activities 40,000,000
REQUIRED: Prepare, in appropriate format, the government-wide statement of activities for Cowboy Town for the year 2015.