The Following Water and Sewer Information Is Available for the Preparation

question 54

Essay

The following water and sewer information is available for the preparation of the financial statements for the County of Augusta for the year ended June 30, 2017:
$\begin{array}{lr}\text { Operating revenues-charges for services } & \$ 17,590,000 \\\text { Operating expenses: } & \\\text { Personal services } & 9,490,000 \\\text { Contractual services } & 1,822,000 \\\text { Utilities } & 880,000 \\\text { Repairs and maintenance } & 1,580,000 \\\text { Depreciation } & 2,640,000 \\\text { Interest revenue } & 130,000 \\\text { Interest expense } & 360,000 \\\text { Capital contributions } & 997,000 \\\text { Transfer to General Fund } & 950,000 \\\text { Net position, July 1,2016 } & 2,720,000\end{array}$
Required: From the information given above, prepare, in good form, a Water and Sewer Fund column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the County of Augusta for the Year Ended June 30, 2017.

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Definitions:

Cognitive Disabilities

Impairments in intellectual functioning and adaptive behavior, affecting learning, communication, and independent living.

Heavy Alcohol Consumption

Excessive drinking over time, leading to health and behavioral issues.

Obesity

A medical condition characterized by excessive body fat that presents a risk to health, often leading to various chronic diseases.

Premature Birth

The birth of a baby before the full term of 37 weeks of pregnancy, potentially leading to health challenges.