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.