Long-Term Liabilities in the Government-Wide and Fund Statements The City of Fremont's fiscal year ends june 30. The city issued the following general obligation bonds 1. On July 1, 2014, the city issued 44 5150.000 face value, 10 year bonds for 5138,432 to yield 5. Interest is payable on June 30 of each year. 2. On January 1, 2016. the city issued 4% 5150,000 face value, 10 year bonds for $196,899 to yield 2%, interests payable on December 31 of each year. a. Determine the amounts reported in the government wide statement of activities and statement of net position for fiscal year 2017. related to the bonds. HINT: Use the effective interest method and assiame the total annual interest expense reported for the second bond is split equally between the two fiscal years. Round answers to the care dalla 2017 Statement of Activities interest openset 6/30/17 Statement of Net Position net payable bonds payable b. Determine the amounts reported in the governmental Yunds statement of revenues, expenditures, and changes in hund balances and balance sheet for fiscal year 2017, related to the nordi 2017 Statement of Revenue Expenditures, and Changes in Fund Balances Seerst openditure Ox 6/30/17 Balance Sheet Interest payable Donds pay OV