Question 49 (2 points) Under the GASB Statement No. 34 reporting model (as amended by GASB Statement No. 63), the government-wide statement of net position will display which of the following? Assets, liabilities, and net position Assets, liabilities, and fund balances. Assets, liabilities, and fund equity. Assets, liabilities, and owners' equity. Question 50 (2 points) Under the GASB Statement No. 34 reporting model, the focus of the government- wide statement of activities is on which of the following? Program revenues and general revenues. Program revenues and expenses. Net income. The net cost of each of the government's main functions and programs