2 out of 2 points In June 1999, statement #34 required the most significant change to the reporting model in 60 ye This required the government to: 1. Prepare two sets of financials. 2. Settle the conflict between basis and Interperiod Equity. 3. Prepare both the Governmentwide and Funds financials. 4. Acce accrual basis best represents Interperiod Equity. 5. Accept the need for cash or close to cash bud reporting. What is the correct statement: ALL STATEMENTS ARE CORRECT