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150 12/18 The wing informTM SAMT the preparate government is rement Consumer Page 348 Springs as of April 30, 2020. Cash and cash equivalents, governmental

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150 12/18 The wing informTM SAMT the preparate government is rement Consumer Page 348 Springs as of April 30, 2020. Cash and cash equivalents, governmental activities $ 480,000 Cash and cash equivalents, business-type activities 700.000 Receivables, governmental activities 450.000 Receivables, business-type activities 1.330,000 Inventories, business-type activities 520,000 Capital assets, net, governmental activities 12.500.000 Capital assets, net, business-type activities 7.200,000 Accounts payable governmental activities 650.000 Accounts payable, business type activities 559.000 General obligation bonds, governmental activities 7.800.000 Revenue bonds, business-type activities 3.210.000 Long-term liability for compensated absences, governmental activities 359,000 From the preceding information, prepare (in good form) a Statement of Net Position for the City of Southern Springs as of April 30, 2020. Assume that outstanding bonds were issued to acquire capital assets and restricted assets total 5554,000 for governmental activities and $200,000 for business-type activities. Include a Toral column

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