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Following is the governmental activities pre-closing trial balance for the Town of Freaz. Freaz is a relatively small town and, as a result, it has only governmental funds (i. e., it uses no proprietary funds). There are no component units. To complete the financial statements for its annual report, the town must prepare a government-wide statement of net position and a statement of activities.

TOWN OF FREAZ
Pre-closing Trial Balance
As of June 30, 2017
(000s omitted)
	Debits				Credits
Cash	$	3,639
Investments		7,299
Taxes ReceivableDelinquent		5,788
Allowance for Uncollectible Delinquent Taxes					$	49
Due from Other Funds		645
Due from Other Governments		6,343
Land		8,720
Buildings		25,680
Accumulated DepreciationBuildings						8,021
Infrastructure		85,768
Accumulated DepreciationInfrastructure						45,603
Machinery & Equipment		28,720
Accumulated DepreciationMachinery & Equipment						13,785
Accounts Payable						7,764
Accrued Liabilities						4,765
Due to Other Funds						748
Current Portion of Long-term Debt						8,600
Bonds Payable						28,700
Net PositionNet Investment in Capital Assets						45,259
Net PositionRestricted for Debt Service						2,123
Net PositionUnrestricted						6,598
Program RevenuesGeneral Government Charges for Services						4,411
Program RevenuesPublic Safety Charges for Services						996
Program RevenuesCulture & Recreation Charges for Services						359
Program RevenuesGeneral Government Operating Grants & Contributions						307
Program RevenuesPublic Works Capital Grants & Contributions						1,680
General RevenuesProperty Taxes						13,665
General RevenuesInterest & Penalties						746
General RevenuesInterest Income						345
ExpensesGeneral Government		2,468
ExpensesPublic Safety		11,577
ExpensesPublic Works		5,311
ExpensesCulture & Recreation		1,817
ExpensesInterest on Long-term Debt		749
	$	194,524			$	194,524

The restricted net position for debt service increased $87 for FY 2017. The net position accounts do not reflect FY 2017 depreciation of $1,080 that was allocated to the functions of government, or the towns decision to designate $900 for street repair. (All 000s omitted.)

Required

Using the trial balance provided by the town, prepare a government-wide statement of net position. (Enter your answers in thousands.)

Using the trial balance provided by the town, prepare a government-wide statement of activities. (Enter your answers in thousands. Negative amounts should be indicated by a minus sign.)

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