I need help with these questions: I need answer for all of these MCQ's

11. Which of the following is not a GASB's required statement for proprietary funds? a. Statement of net position b. Statement of revenues, expenses, and changes in fund net position c. Statement of cash flows d. Statement of changes in fund net position 12. The City of Fox is evaluating which of its funds it will present as a major fund in its fund financial statements on December 31, Year 1. The city presents the following partial listing of asset data at December 31, Year 1: Total Governmental Fund Type Assets $ 3,000,000 Total Enterprise Fund Assets General Fund Assets Community Development Special Revenue Fund 2,000,000 280,000 290,000 Sales Tax Special Revenue Fund_ 350,000 Faberville River Bridge Capital Project Fund Faberville Water & Sewer Utility Fund 100.000 1,800,000 Faberville Landfill 200,000 Based purely on assets, how many funds should be displayed as major funds? a. Four b. Five Six d. Three 13. Rory City traded in a used pickup for a new pickup truck with a sticker price of $44,000. The old pickup had a fair value of $26,000, historical cost of $47,000, and accumulated depreciation of $18,000. The dealer took the old truck and $15,000 for the new truck. The new truck should be reported on the general fund financial statements at a. $0 b. $42.000 $44.000 d. $41,000