please fill in the blanks and correct the incorrect. write it in the same format. Exercise $8\mathrm{.}7($Algo$)$

The following information Is avallable for the preparation of the government$-$wide financial statements for the Clity of Southern Springs as of Aprll $30,2020$:

$\backslash$table$[[$Cash and cash equivalents, governnental activities,$410,690],[$Cash and cash equivalents, business$-$type activities,$863,990],[$Receivables$,$ goverrmental activities,$486,090],[$Receivables$,$ business$-$type activities,$1,436,$ e$9$e$],[$Inventories$,$ business$-$type activities,$562,090],[$Capital assets, net, governmental activities,$14,590,090],[$Capital assets, net, business$-$type activities,$7,673,090],[$Accounts payable, governmental activities,$702,090],[$Accounts payable, business$-$type activities,$604,990],[$General obligation bonds, governmental activities,$8,428,090],[$Revenue bonds, business$-$type activities,$3,468,090],[$Long$-$tern liability for compensated absences$,$ governnental activities,$388,990]]$

From the preceding Information, prepare a Statement of Net Position for the City of Southern Springs as of April $30,2020.$ Assume that outstanding bonds were Issued to acquire capital assets and restricted assets total $$598,000$ for governmental actlvitles and $$205,000$ for business$-$type activitles. $($Negatlve amounts should be indicated by a minus sign$)$

Answer is not complete.

$\backslash$table$[[$CITY OF SOUTHERN SPRINGS$],[$Statement of Net Position$],[$As of April $30,2020],[,,\backslash$table$[[$Governmental$],[$Activities$]],\backslash$table$[[$Business$-$Type$],[$Activities$]],$Total$],[$Assets:$],[$Cash and Cash Equivalents,$0$ :$,410,000,863,0000,$S $1,273,000],[$Receivables$,\backslash$theta $,486,000,1,436,000,1,922,000],[$Inventories$,0,,582,000,562,000],[$Capital Assets, Net,$\backslash$theta $,14,590,0000,7,673,0000,22,263,000],[,,,0],[$Total Assets,,$15,486,000,10,534,000,26,020,000],[$Liabilities:$],[$Accounts Payable,$\backslash$theta $,702,000,604,000,1,306,000],[$Bonds Payable,$0,8,428,000,,8,428,000],[$Receivables$,$x$,,3,468,000$ox$,3,468,000],[$Compensated Absences Payable,$0,388,0000,,388,000],[$Total Liabilities,,$9,518,000,4,072,000,13,590,000],[$Net Position:$],[,,,,0],[$Restricted$,\backslash$theta $,598,000,205,000,803,000],[$Unrestricted$,0,5,370,000,6,257,000$ox$,11,627,000],[,,,0],[$Total Net Position,,$5,988,000,6,482,000,$$$12,430,000]]$