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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	$	480,000
Cash and cash equivalents, business-type activities		1,010,000
Receivables, governmental activities		570,000
Receivables, business-type activities		1,683,000
Inventories, business-type activities		660,000
Capital assets, net, governmental activities		17,133,000
Capital assets, net, business-type activities		9,010,000
Accounts payable, governmental activities		823,000
Accounts payable, business-type activities		709,000
General obligation bonds, governmental activities		9,893,000
Revenue bonds, business-type activities		4,070,000
Long-term liability for compensated absences, governmental activities		456,000

From the preceding information, prepare a Statement of Net Position for the City of Southern Springs as of April 30, 2020. Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $701,000 for governmental activities and $245,000 for business-type activities. (Negative amounts should be indicated by a minus sign)

You skipped this question in the previous attempt. 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 Cash and cash equivalents, business-type activities Receivables, governmental activities Receivables, business-type activities Inventories, business-type activities Capital assets, net, governmental activities Capital assets, net, business-type activities Accounts payable, governmental activities Accounts payable, business-type activities General obligation bonds, governmental activities Revenue bonds, business-type activities Long-term liability for compensated absences, governmental activities $ 480,000 1,810,000 570,000 1,683,000 660,000 17,133,000 9,010,000 823,000 709,000 9,893,000 4,070,98 456,000 From the preceding information, prepare a statement of Net Position for the City of Southern Springs as of April 30, 2020 Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $701,000 for governmental activities and $245.000 for business-type activities. (Negative amounts should be indicated by a minus sign) CITY OF SOUTHERN SPRINGS Statement of Net Position As of April 30, 2020 Governmental Activities Business-Type Activities Total Assets: $ 0 0 0 0 0 0 0 Total Assets Next Preu

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