Presented below is the Governmental Funds Balance Sheet for the Warrenton Library District, a special-purpose entity engaged in a single governmental activity. WARRENTON LIBRARY DISTRICT Governmental Funds Balance Sheet As of December 31, 2020 Special Revenue Fund General Fund Total $ 12,100 $ 131,300 6,300 $ 143,400 6,300 101,700 8,000 $ 20,100 101,700 8,000 $ 259,400 $ 239,300 Assets Cash and cash equivalents Inventories Receivables (net) Taxes receivable Due from general fund Total assets Liabilities Accounts payable Due to special revenue fund Total liabilities Fund balance Nonspendable (inventories) Restricted for other purposes Unassigned Total fund balance Total liabilities and fund balance 5,400 96,200 8,000 104,200 101,600 8,000 109,600 5,400 6,300 14,700 128,800 135,100 $ 239,300 6,300 14,700 128,800 149,800 $ 259,400 14,700 $ 20,100 Additional information: a. Capital assets (net of accumulated depreciation) amounted to $328,300 at year-end. b. The liability for long-term compensated absences is estimated to be $91,800 at year-end. c. Long-term notes payable amounted to $210,900 at year-end. Prepare a combined Governmental Funds Balance Sheet/Statement of Net Position. (Amounts to be deducted should be indicated by a minus sign.) WARRENTON LIBRARY DISTRICT Governmental Funds Balance Sheet/Statement of Net Position As of December 31, 2020 General Fund Special Revenue Total Adjustments to Fund Government-wide Statement of Net Position $ 131,300 $ 12,100 $ Assets Cash and Cash Equivalents Inventories Receivables (Net) 143,400 6,300 6,300 Taxes Receivable 101,700 101,700 8,000 Due from General Fund 8,000 Capital Assets Total Assets $ 239,300 $ 20,100 $ 259,400 $ 0 $ 0 Liabilities 5,400 96,200 8,000 101,600 8,000 Accounts Payable Due to Special Revenue Fund Long-Term Compensated Absences Notes Due in More than One Year Total Liabilities 104,200 5,400 109,600 0 0 Fund Balance 6,300 6,300 14,700 Nonspendable (inventories) Restricted for Other Purposes Unassigned Total Fund Balance 128,800 135,100 14,700 128,800 149,800 14,700 Liabilities 5,400 96,200 8,000 101,600 8,000 Accounts Payable Due to Special Revenue Fund Long-Term Compensated Absences Notes Due in More than One Year Total Liabilities 104,200 5,400 109,600 0 0 Fund Balance 6,300 14,700 Nonspendable (inventories) Restricted for Other Purposes Unassigned Total Fund Balance 6,300 14,700 128,800 128,800 135,100 239,300 14,700 20,100 $ 149,800 259,400 Total Liabilities and Fund Balance $ $ Net Position Net Investment in Capital Assets Unrestricted Total Net Position $ 0