29.) Which of the following identifies the residual account on the balance sheets of public and private, nonprofit colleges and universities?

a. Public colleges and universities report net assets; private, nonprofit colleges and universities report net position

b. Public colleges and universities report net position; private, nonprofit colleges and universities report net position

c. Public colleges and universities report net assets; private, nonprofit colleges and universities report net assets

d. Public colleges and universities report net position; private, nonprofit colleges and universities report net assets