Question: Answer is not complete. table [ [ CITY OF SOUTHERN SPRINGS ] , [ Statement of Net Position ] , [ APRIL 3 0

Answer is not complete.
\table[[CITY OF SOUTHERN SPRINGS],[Statement of Net Position],[APRIL 30,2024],[,Primary Government],[,\table[[Governmental],[Activities]],\table[[Business-Type],[Activities]],\table[[Primary],[Government]]],[Assets:],[Cash and Cash Equivalents,610,000,1,283,000,S 1,893,000The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30,2024:
Cash and cash equivalents, governmental activities $ 610,000
Cash and cash equivalents, business-type activities 1,283,000
Receivables, governmental activities 726,000
Receivables, business-type activities 2,138,000
Inventories, business-type activities 842,000
Capital assets, net, governmental activities 21,852,000
Capital assets, net, business-type activities 11,493,000
Accounts payable, governmental activities 1,044,000
Accounts payable, business-type activities 904,000
General obligation bonds, governmental activities 6,140,000
Revenue bonds, business-type activities 5,188,000
Long-term liability for compensated absences, governmental activities 586,000
Required:
From the preceding information, prepare a Statement of Net Position for the City of Southern Springs as of April 30,2024. Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $268,000 for governmental activities and $375,000 for business-type activities.
 Answer is not complete. \table[[CITY OF SOUTHERN SPRINGS],[Statement of Net Position],[APRIL

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