Adjusting for a claims liability in government-wide financial statements King City operates a sewage treatment facility and reports its operations in a governmental fund. In the current year, one of the pumps in the plant failed over a holiday weekend. Before plant personnel became aware of the failure, wastewater had already backed up into 10 homes close to the plant. Those homeowners filed claims against the city totaling $6,000,000. City attorneys are negotiating with the homeowners and estimate that it is probable that all claims can be settled for approximately $3,000,000. However, they expect negotiations to continue for 5 to 6 months after the city's year-end. a) How much should King County report as a claims liability in the governmental activities column of the statement of net position at year-end? $ b) How much should King County report as a claims liability in the governmental fund financial statements at year-end