Use the balances computed from the worksheet completed in part 2 for the governmental activities portion of the statement. Use the solution to PC (Enterprise ftmd) to prepare the business activities portion (net any short-term interfund payablesfreceivables). 4. Prepare, in good form, a Statement of Net Assets for the City of Monroe as of December 31, 2014. Group all capital assets, net of depreciation. Include a breakdown in the Net Assets section for (a) capital assets, net of related debt, (b) restricted, and (c) tmrestricted. For purposes of classifying net assets for the governmental activities, assume: I For the governmental activities net assets invested in capital assets, net of related debt, the related debt includes the bonds payable, the premium on bonds payable, and the $20,000 advance from the water utility fund. I The special revenue fund resources are restricted by the granting agency for street and highway maintenance. These ($ 247,000) are the only restricted resources in the governmental activities. 5. Prepare the reconciliation necessary to convert from the ftmd balance reported in the governmental funds Balance Sheet to the net assets in the government-wide Statement of Net Assets. 6. Prepare the reconciliation necessary to convert from the change in fund balances in the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the change in net assets in the govemmentwide Statement of Activities