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During its calendar year 2022, a city issued $800,000 of bonds to acquire various items of capital equipment. By the end of 2023, the city had spent all the bond proceeds to purchase capital assets. Accumulated depreciation on the assets was $120,000, and $650,000 of the bonds outstanding. How much should the city report in its government-wide statement of net position as net investment in capital assets

a. $630,000

b. $30,000

c. $650,000

d. $0

Where are fiduciary type funds reported in the government-wide statements?

a. Fiduciary type funds are blended with the governmental type funds and included in the governmental activities column.

b. In a separate column after the discretely presented component units.

c. Fiduciary type funds are excluded from the from the government-wide statements.

d. In a separate column before the discretely presented component units.