Question: Please bold answer The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April



Please bold answer
The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2020: Cash and cash equivalents, governmental activities Cash and cash equivalents, business-type activities Receivables, governmental activities Receivables, business-type activities Inventories, business-type activities Capital assets, net, governmental activities Capital assets, net, business-type activities Accounts payable, governmental activities Accounts payable, business-type activities Noncurrent liabilities, governmental activities Noncurrent liabilities, business-type activities Net position, net investment in capital assets, governmental activities Net position, net investment in capital assets, business-type activities Net position, restricted for debt service, governmental activities Net position, restricted for debt service, business-type activities $ 3,590,000 810,000 601,000 1,222,000 483,000 9,763,000 10,448,000 602,000 611,000 5,066,000 3,016,000 4,777,000 7,512,000 698,000 212,000 From the above information, prepare a Statement of Net Position for the City of Southern Springs as of April 30, 2020. (Calculate and include the unrestricted net position.) From the above information, prepare a Statement of Net Position for the City of Southern Springs as of April 30, 2020. (Calculate and include the unrestricted net position.) CITY OF SOUTHERN SPRINGS Statement of Net Position As of April 30, 2020 Governmental Activities Business-Type Activities Total Assets: $ 0 0 Total Assets $ 0 $ 0 $ Liabilities: Oo oo $ $ Total Liabilities $ 0 $ 0 $ $ 0 $ 0 $ 0 Total Liabilities Net position: $ 0 0 0 0 Total Net Position $ 0 $ 0 $ 0
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