grading. The following information is available for the preparation of the government-wide financial statements of the...

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grading. The following information is available for the preparation of the government-wide financial statements of the City of Bloomfield as of June 30, 2020: $ Accounts payable, business-type activities Accounts payable, governmental activities Capital assets, net, business-type activities Capital assets, net, governmental activities 240,000 610,000 10,300,000 10,400,000 Cash and cash equivalents, business-type activities 1,900,000 Cash and cash equivalents, governmental activities 1,200,000 Inventories, business-type activities 600,000 640,000 930,000 Net Position, restricted for debt service, business-type activities Net Position, restricted for debt service, governmental activities Net Position, net investment in capital assets, business-type activities Net Position, net investment in capital assets,, governmental activities Noncurrent liabilities, business-type activities Noncurrent liabilities, governmental activities 4,760,000 7,250,000 4,990,000 Receivables, business-type activities 3,150,000 1,230,000 400,000 Receivables, governmental activities Assume all long-term liabilities were incurred in the acquisition of capital assets. Required: From the information given above, prepare, in good form, a Statement of Net Position for the City of Bloomfield as of June 30, 2020. Include the unrestricted net position, which is to be computed from the information presented above. Include a total column. Aurora has no component units. grading. The following information is available for the preparation of the government-wide financial statements of the City of Bloomfield as of June 30, 2020: $ Accounts payable, business-type activities Accounts payable, governmental activities Capital assets, net, business-type activities Capital assets, net, governmental activities 240,000 610,000 10,300,000 10,400,000 Cash and cash equivalents, business-type activities 1,900,000 Cash and cash equivalents, governmental activities 1,200,000 Inventories, business-type activities 600,000 640,000 930,000 Net Position, restricted for debt service, business-type activities Net Position, restricted for debt service, governmental activities Net Position, net investment in capital assets, business-type activities Net Position, net investment in capital assets,, governmental activities Noncurrent liabilities, business-type activities Noncurrent liabilities, governmental activities 4,760,000 7,250,000 4,990,000 Receivables, business-type activities 3,150,000 1,230,000 400,000 Receivables, governmental activities Assume all long-term liabilities were incurred in the acquisition of capital assets. Required: From the information given above, prepare, in good form, a Statement of Net Position for the City of Bloomfield as of June 30, 2020. Include the unrestricted net position, which is to be computed from the information presented above. Include a total column. Aurora has no component units.

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CITY OF BLOOMFIELD STATEMENT OF NET ASSETS 30Jun2020 Governmental Activities Business Typ... View the full answer