The following information is available for the preparation of the government-wide financial statements for the Village of Perpetual Bliss for the year ended June 30, 2017: Required: From the information given above, prepare, in good form, a statement of activities for the Village of Perpetual Bliss for the year ended June 30, 2017.

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The following information is available for the preparation of the government-wide financial statements for the Village of Perpetual Bliss for the year ended June 30, 2017:

Expenses:
   General government $21,000,000
   Public safety 18,800,000
   Public works 13,200,000
   Health and sanitation 6,300,000
   Culture and recreation 5,700,000
   Water and sewer system 8,100,000
   Parking system 420,000
Revenues:
   Charges for services, general government 1,200,000
   Charges for services, public safety 300,000
   Operating grant, public safety 940,000
   Charges for services, health and sanitation 3,000,000
   Operating grant, health and sanitation 920,000
   Charges for services, culture and recreation 2,200,000
   Charges for services, water and sewer 10,250,000
   Charges for services, parking system 740,000
   Property taxes 33,300,000
   Sales taxes 25,400,000
Other:
   Special item, gain on sale of park land 1,210,000
   Transfer from business-type activities to governmental 700,000
   Net position, July 1, 2016, governmental activities 13,210,000
   Net position, July 1, 2016, business-type activities 14,666,000

Required: From the information given above, prepare, in good form, a statement of activities for the Village of Perpetual Bliss for the year ended June 30, 2017.

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