State and Local E2-9 (Proprietary Fund Statement of Net Position) Prepare a skeleton statement of net position for a proprietary fund using the headings in Illustration 2-12 (i.e., Current Assets, Capital Assets, Current Liabilities) that shows where (or if) each of the following items should be reported in that statement. Include all appropriate subtotals. a. Cash. b. Unrestricted net position. c. Nonspendable fund balance. d. Due from other funds. e. Land. f. Bonds payable. g. Inventory. h. Current portion of bonds payable (maturing in 9 months). i. Unassigned fund balance. j. Accounts payable. k. Buildings and equipment. abnul