Which of the following is reported as a restriction of net position in the net position section of the statement of net position?

a. A reservation of the fund balance in the general fund for $10,000 of encumbrances.

b. A requirement in the permanent funds that the $100,000 principal of a bequest be maintained.

c. A governing board’s decision that $15,000 of general fund resources should be assigned for planning for a city park.

d. A governing board allocation of $4,000 to establish an internal services fund.