The following water and sewer fund information is available for the preparation of the financial statements for

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The 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, 2012:

Operating revenues—charges for services .. $18,387,000

Operating expenses:

Personal services ............. 6,977,000

Contractual services .............. 2,195,000

Utilities ................... 888,000

Repairs and maintenance .......... 1,992,000

Depreciation ............... 5,922,000

Interest revenue ............... 129,000

Interest expense ............... 834,000

Capital contributions ............ 1,632,000

Transfer to general fund ........... 965,000

Net assets, January 1, 2012 ......... 10,219,000


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 Assets for the year ended December 31, 2012.


Financial Statements
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