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, 2017

Operating expenses: for services $18,087,000 Personnel services 6,177,000 2.995,000 888,000 1,992,000 5.422,000 29,000 100,000 434,000 1,632,000 365,000 2,700,000 Utilities Repairs and maintenance Interest revenue State aid (intergovernmental revenue) Interest expense Capital contributions Transfer to General Fund Net position, January 1, 2017

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 year ended December 31, 2017

Net Income                                      $308,000

Net Funds Position                          $3,967,000

Explanation:

Income Statement for the year ended December 31, 2017

Revenue                                            $18,087,000

State Aid                                            $100,000

Operating expenses

Personnel services                          ($6,177,000)

Contractual services                        ($ 2,995,000)

Utilities                                             ($888,000)

Repairs and maintenance              ($1,992,000)

Depreciation                                   ($5,422,000)

Income before interest and tax       $713,000

Interest Expense                             ($434,000)

Interest Income                               $29,000

Net Income                                      $308,000

Changes in Net Funds Position for the year ended December 31, 2017

Opening Funds                                  $2,700,000

Transfer to general funds                 ($365,000)

Capital Contributions                       $1,632,000

Net Funds Position                          $3,967,000

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

answer; empowerment and collaboration;