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The Following Water and Sewer Information Is Available for the Preparation

Question 143

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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:
 Operating revenues-charges for services $17,590,000 Operating expenses:  Personal services 9,490,000 Contractual services 1,822,000 Utilities 880,000 Repairs and maintenance 1,580,000 Depreciation 2,640,000 Interest revenue 130,000 Interest expense 360,000 Capital contributions 997,000 Transfer to General Fund 950,000 Net position, July 1,2016 2,720,000\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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