The City of Terrytown Reports the Following Information:
?

question 13

Essay

The City of Terrytown reports the following information:
?
?
$$\begin{array} { l r } \text { Government Activities: } & \\\text { General-Direct Expenses } & 85,000 \\\text { Police-Direct Expenses } & 115,000 \\\text { Fire Safety-Direct Expenses } & 95,000 \\\text { Public Works-Direct Expenses } & 185,000 \\\text { Recreation-Direct Expenses } & 75,000 \\\text { Library-Direct Expenses } & 140,000 \\\text { Interest on Long term Debt-Direct } & 30,000 \\\text { Police-Indirect Allocation } & 20,000 \\\text { Fire Safety-Indirect Allocation } & 25,000 \\\text { Public Works-Indirect Allocation } & 25,000 \\\text { Recreation-Indirect Allocation } & 10,000 \\\text { Library-Indirect Allocation } & 20,000 \\\text { Charges for Police service } & 90,000 \\\text { Charges for Fire Safety } & 50,000 \\\text { Charges for Public Works } & 105,000 \\\text { Charges for Recreation } & 45,000 \\\text { Charges for Library } & 25,000 \\\text { Operating Grants for Fire Safety } & 15,000 \\\text { Capital Grants for Library } & 75,000\end{array}$$ There are no business type activities for this city or other component units.Taxes raised for general revenues equal $200,000 and taxes raised for debt service equal $25,000.Other general revenues were generated through fines, fees, and permits that total $100,000.The city also sold a plot of land for a gain of $10,000.The beginning of the year net assets totaled $155,000.
?
Required:
?
Prepare a statement of activities schedule for the city.

---

Definitions:

Schools

Institutions designed for educating students, typically ranging from primary to higher education levels.

Nontraditional Places

signifies unconventional or unusual locations or venues that deviate from the norm.

Restaurants

Restaurants are establishments where meals are prepared and served to customers in exchange for money.

Schools

Institutions dedicated to education and learning, ranging from primary to higher education, where academic, social, and physical skills are developed.