The following information is available for the preparation of the government-wide financial statements for the...
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Accounting
The following information is available for the preparation of the government-wide financial statements for the city of Southern Springs as of April 30, 2020:
Cash and cash equivalents, governmental activities
$ 4,050,000
Cash and cash equivalents, business-type activities
880,000
Receivables, governmental activities
650,000
Receivables, business-type activities
1,130,000
Inventories, business-type activities
520,000
Capital assets, net, governmental activities
10,600,000
Capital assets, net, business-type activities
11,350,000
Accounts payable, governmental activities
550,000
Accounts payable, business-type activities
659,000
Noncurrent liabilities, governmental activities
5,550,000
Noncurrent liabilities, business-type activities
3,210,000
Net position, net investment in capital assets, governmental activities
5,050,000
Net position, net investment in capital assets, business-type activities
8,140,000
Net position, restricted for debt service, governmental activities
754,000
Net position, restricted for debt service, business-type activities
223,000
From the preceding information, prepare, in good form, a Statement of Net Position for the city of Southern Springs as of April 30, 2020. Calculate and include the unrestricted net position. Include a total column.
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