Question: How is a deferred interest expense adjustment reported in the statement of net position of an Enterprise Fund? If a government has Refunding Bonds Payable

How is a deferred interest expense adjustment reported in the statement of net position of an Enterprise Fund? If a government has Refunding Bonds Payable of $5 million with an associated premium of $200,000 and an associated deferred interest expense adjustment of $30,000 (debit balance), what amount of liabilities should be reported in the statement of net position?

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