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2 . The Village of Drusbosky, a general purpose government, reported fund balances in the amount of $ 2 4 , 1 0 0 ,

2. The Village of Drusbosky, a general purpose government, reported fund balances in the amount of $24,100,000 in the governmental funds balance sheet dated June 30,2019. In addition, the following information is relevant:
A. General government fixed assets amounted to $35,000,000. Accumulated depreciation of those fixed assets amounted to $18,000,000.
B. General long-term liabilities of the government amounted to $ 6,000,000.
C. Property taxes, which should be recognized as receivables in the government-wide statements, amounted to $3,000,000. Property taxes recognized as receivables in the governmental funds balance sheet amounted to $2,000,000; the remainder had been deferred, in accord with modified accrual accounting. Additionally, $ 900,000 of property taxes had been deferred at the end of the previous year (June 30,2018) and was recognized under modified accrual as revenue in the current year.
D. Internal service funds net assets amounted to $5,000,000. These were reported in the proprietary funds balance sheet.
E. Liabilities, in addition to the amount reported in the governmental funds balance sheet included: (1) accrued interest payable, $300,000; (2) compensated absences payable, $4,500,000.
Required: Prepare reconciliation from the fund balances recognized in the governmental funds balance sheet to the net assets recognized in the governmental funds column of the government-wide Statement of Net Position for June 30,2019. Show adjustments singly and not combined with other items.

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