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Fund balances of the city's governmental funds totaled $6,550,000 for the year ended December 31, 2020. Subsidiary accounting records for the city include the following

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Fund balances of the city's governmental funds totaled $6,550,000 for the year ended December 31, 2020. Subsidiary accounting records for the city include the following information: Required: Compute the net assets displayed in the governmental activities column of the government-wide financial statements

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