Question: Please answer within the format with supporting calculation seperately Operating Expenses: Total Operating Expenses 0 Operating Income 0 Nonoperating Revenues (Expenses): Total Nonoperating Revenues and
Please answer within the format with supporting calculation seperately



Operating Expenses: Total Operating Expenses 0 Operating Income 0 Nonoperating Revenues (Expenses): Total Nonoperating Revenues and Expenses O Income (Loss) Before Contributions and Transfers 0 Change in Net Position 0 Net Position, Beginning of Year Net Position, End of Year 0CITY OF WESTERN SANDS Water and Sewer Fund Statement of Revenues, Expenses, and Changes in Fund Net Position For the Year Ended December 31, 2020 Operating Revenues: Operating Expenses: Total Operating Expenses 0 Operating Income 0 Nonoperating Revenues (Expenses): Total Nonoperating Revenues and Expenses O Income (Loss) Before Contributions and Transfers 0The following water and sewer fund information is available for the preparation of the financial statements for the City of Western Sands for the year ended December 31, 2020: Operating revenues-charges for services $18, 106,000 Operating expenses: Personnel services 6, 193,000 Contractual services 3,006,090 Utilities 897,000 Repairs and maintenance 2,001, 000 Depreciation 5, 432,000 Interest revenue 40,000 State aid (intergovernmental rovenue) 110,000 Interest expense 110,000 Capital contributions 1, 642,000 Transfer to General Fund 374,000 Net position, January 1, 2020 2, 710,080 From the information given above, prepare a Water and Sewer Fund column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the year ended December 31, 2020. (Deductions should be entered with a minus sign.)
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