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6. City of Whitewater reported a $9,000 increase in the employee pension fund, a $12,000 increase in net position in the motor pool internal service fund, and a $7,000 increase in net position in the water enterprise fund. The motor pool internal service fund provides service primarily to the fire department. What amount should the city report as the change in net position for business-type activities in its statement of activities? O $28,000 O $7,000 O $21,000 O $16,000 O $9,000 O $12,000

6. City of Whitewater reported a $9,000 increase in the employee pension fund, a $12,000 increase in net position in the motor pool internal service fund, and a $7,000 increase in net position in the water enterprise fund. The motor pool internal service fund provides service primarily to the fire department. What amount should the city report as the change in net position for business-type activities in its statement of activities? O $28,000 O $7,000 O $21,000 O $16,000 O $9,000 O $12,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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6. City of Whitewater reported a $9,000 increase in the employee pension fund, a $12,000 increase in net position in the motor pool internal service fund, and a $7,000 increase in net position in the water enterprise fund. The motor pool internal service fund provides service primarily to the fire department. What amount should the city report as the change in net position for business-type activities in its statement of activities? O $28,000 $7,000 O $21,000 O $16,000 O $9,000 $12,000
Transcribed Image Text:6. City of Whitewater reported a $9,000 increase in the employee pension fund, a $12,000 increase in net position in the motor pool internal service fund, and a $7,000 increase in net position in the water enterprise fund. The motor pool internal service fund provides service primarily to the fire department. What amount should the city report as the change in net position for business-type activities in its statement of activities? O $28,000 $7,000 O $21,000 O $16,000 O $9,000 $12,000
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