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0 Cash and cash equivalents, governmental activities Cash and cash equivalents, business-type activities Receivables, governmental activities Receivables, business-type activities Inventories, business-type activities Capital assets,

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0 Cash and cash equivalents, governmental activities Cash and cash equivalents, business-type activities Receivables, governmental activities Receivables, business-type activities Inventories, business-type activities Capital assets, net, governmental activities Capital assets, net, business-type activities Accounts payable, governmental activities Accounts payable, business-type activities General obligation bonds, governmental activities Revenue bonds, business-type activities Long-term liability for compensated absences, governmental activities 470,000 989,000 558,000 1,648,000 646,000 16,770,000 8,819,000 806,000 694,000 9,684,000 3,984,000 446,000 From the preceding information, prepare a Statement of Net Position for the City of Southern Springs as of April 30- outstanding bonds were issued to acquire capital assets and restricted assets total $686,000 for governmental act $235,000 for business-type activities. (Negative amounts should be indicated by a minus sign) ces Assets: CITY OF SOUTHERN SPRINGS Statement of Net Position As of April 30, 2020 Governmental Activities Business-Type Activities Total Total Assets Liabilities: Total Liabilities Net Position: S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Position $ 0 $ 0 $

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