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Report Internal Service Fund activity in government-wide financial statements Relver County has an Internal Service...

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Report Internal Service Fund activity in government-wide financial statements Relver County has an Internal Service Fund (ISF) that operates a motor pool for various county agencies, all of which receive appropriations from the General fund. The amounts billed by the ISF during 2012 were: General government programs $60.000 Public safety programs $10,000; and Social services prcerams $30.000. These amounts are induded in the total expenditures reported in the fund financial statements for each program. Following is a condensed 1ISF operating statement Charges for services Operating expenses Operating income Nonoperating expenses Change in net position Net position, beginning of period Net position, end of period $120,000 80,000 40,000 30,000 190,000 $210,000 Required: Calculate how much Regina County should report as motor pool transpertation expenses for each of its programs in its 2012 government-wide statement of activities a. b. Assume the ISF assets are: Cash of $20,cox0, and Capital assets, net of depreciation, of $180,000. Describe how the 1SF assets are broughe into the government-wide financial statements

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