27. On January 1, 2015, a city entered into the following leases for equipment items. Each of the leases qualifies as a capital lease. Initial payments are on December 31, 2015. An interest rate of 10 percent is viewed as appropriate. No bargain purchase options exist. Fund Annual Payments Total Payments Present Value of Total Payments General (5-year life) . . . . . . . $8,000 $40,000 $33,350 Enterprise (6-year life) . . . . . . 6,000 36,000 28,750 a. What balances should be reported on government-wide financial statements for December 31, 2015, and the year then ended? b. What balances should be reported on fund financial statements for December 31, 2015, and the year then ended?