The Following Information Is Available for the Preparation of the Government-Wide

question 50

Essay

The following information is available for the preparation of the government-wide financial statements for the Village of Warm Springs for the year ended June 30, 2009:
$\begin{array}{l|r}&\end{array}$


$\begin{array}{l}\begin{array} { l } \text { Expenses: } & \\\text { General government } & \\\text { Public safety } & \\\text { Public works } & \\ \text { Health and sanitation } &\\\text { Culture and recreation } & \\\text { Water and sewer system } &\\\text { Parking system } & \\\text { Revenues: } & \\\text { Charges for services, general government } &\\\text { Charges for services, public safety } & \\\text { Operating grant, public safety } & \\\text { Charges for services, health and sanitation } & \\\text { Operating grant, health and sanitation } & \\\text { Charges for services, culture and recreation } & \\\text { Charges for services, water and sewer } & \\\text { Charges for services, parking system } & \\\text { Property taxes } & \\\text { Sales taxes } \\\text { Other: } & \\\text { Special item - gain on sale of park land } & \\\text { Transfer from business-type activities to governmental } & \\\text { Net assets, July 1, 2008 - governmental activities } & \\\text { Net assets, July 1, 2008 - business-type activities } & \\\end{array}\begin{array} { l } \$ 21,200,000 \\18,800,000 \\12,300,000 \\6,300,000 \\4,200,000 \\8,100,000 \\420,000 \\\\1,200,000 \\300,000 \\670,000 \\3,000,000 \\1,110,000 \\2,200,000 \\11,900,000 \\802,000 \\27,300,000 \\25,400,000 \\\\1,210,000 \\300,000 \\13,210,000 \\14,666,000\\\end{array}\end{array}$

Required: From the information given above, prepare, in good form, a Statement of Activities for the Village of Warm Springs for the Year Ended June 30, 2009.

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Definitions:

Functionalism

A school of psychology that focused on how mental and behavioral processes function - how they enable an organism to adapt, survive, and flourish.

William James

A philosopher and psychologist who is often referred to as the father of American psychology, known for his work on pragmatism and functionalism.

Gestalt Psychology

A theory of mind and brain positing that the operational principle of the brain is holistic, parallel, and analog, with self-organizing tendencies.

Cognitive Psychology

A branch of psychology that studies mental processes including how people think, perceive, remember, and learn.