I need help with Part c

Prepare Crotons financial statement reconciliationsthe funds balance sheet to the government-wide statement of net position and the funds statement of revenues, expenditures, and changes in fund balances to the government-wide statement of activities. NOTE: Use a negative sign with your answer to indicate a reduction in the reconciliation process. Reconciliation of funds balance sheet to government-wide statement of net position ($ in 000) Total fund balance, fund balance sheet Answer Amounts reported in statement of net position are different because: Capital assets used in governmental activities are not financial resources and therefore are not reported in the funds Answer Bonds payable are not due and payable in the current period and therefore are not reported in the funds Answer A portion of the revenues is not available to pay for current period expenditures and therefore is deferred in the funds Answer Certain expenses (interest, vacation pay) are not due and payable in the current period and therefore are not reported as fund liabilities Answer Net position of governmental activities Answer