141 estion The City of Henderson reported a change in tand balances of $2.207.000 in its governmental unde Statement of Revenue Expenditures, and Changendo de December 31, 2000. In addition, the following information is relevant Cataloudy expenditures amounted to 57.800.000 in the modified accrual statement General government capital amounted to 51.000.000 dinara awwage of 20 years 2. The modified accrual statement reported proceeds from the sale of land in the amount of $450,000. The land had a basis of $350,000 Property taxes had been levied in the amount of $9,000,000. It was estimated that would never be collected that $450.000 would be collected within 60 days of years, ta $15.000 would be collected more than 60 days from your and The City had recognized the maximum permitted under modified scorul counting $185.000 of property taxes had been deferred at the end of the previous year and was recognized under modified acer as even in the current year The modified accrual statement reflected debt service expenditures in the amount of $450,000 for interest and $600,000 for principal. No adjustment was necessary for interest accusat year-end ong to compensated bancos liabilities increased $110,000 from the previous year econciliation from the change in fund balances reported above to the change in Net Position in the governmental column in the government-wide Statement of Activities for the December 31, 2020 war, press ALT FTO (PC) OC ALT.FF10 (Mac). US Paragraph Anal 10pt T. X E x x & T Te 1 99 BE v V !!! a +] V S 1 CH A 0 8