Assume that the Clty of Coyote has produced Its financlal statements for December 31,2020, and the year then ended. The city's general fund was only used to monltor education and parks. Its capltal projects funds worked in connectlon with each of these functions at times during the current year. The city also maintained an enterprise fund to account for its art museum. The government-wlde financlal statements provide the following figures: - Education reports net expenses of \\( \\$ 702,000 \\). - Parks reports net expenses of \\( \\$ 144,000 \\). - Art museum reports net revenues of \\( \\$ 50,250 \\). - General government revenues for the year were \\( \\$ 966,750 \\) with an overall Increase in the city's net position of \\( \\$ 171,000 \\). The fund financlal statements provide the following for the entlre year: - The general fund reports a \\( \\$ 45,250 \\) increase in Its fund balance. - The capital projects fund reports a \\( \\$ 53,750 \\) increase in Its fund balance. - The enterprise fund reports a \\( \\$ 69,000 \\) Increase in Its net position. The city asks the CPA firm of Abernethy and Chapman to examine several transactions that occurred durlng 2020 and Indicate how to correct any erroneous reporting. Officlals also want to know the effect of each error. Vlew each of the following situations as Independent. During 2020, the City of Coyote contracts to bulld a bus stop for schoolchildren costing \\( \\$ 10,800 \\) as a speclal assessments project. The city collects \\( \\$ 10,800 \\) from directly affected citizens. The government has no obligation In connection with this project. The clty records both a \\( \\$ 10,800 \\) revenue and a \\( \\$ 10,800 \\) expendlture In the capltal projects fund. In preparing government-wide financlal statements, the city records an asset and a general revenue for \\( \\$ 10,800 \\). a. In the general Information, the capltal projects fund reports a \\( \\$ 53,750 \\) Increase In Its fund balance for the year. What was the correct change In the capital projects fund balance during 2020 ? b. In the general Information, a \\( \\$ 171,000 \\) overall Increase In the city's net position was found on the government-wide financlal statements. What was the correct overall change in the city's net position on the government-wide financlal statements