Mother question will resu Gestion 1 The City of Henderson reported a change in hind balances of $2,207.000 in its governmental funds Statement of Re Expenditures the you anded December 31, 2020 in adition, the following information is relevant Capital city expenditures amounted to $7,000,000 in the modified accrual statement General government capital amounted to 100.000 dan average of 20 years 2. The modified accrual statement reported proceeds from the sale of land in the amount of $450,000. The land had a basis of $350.000 Property taxes had been loved in the amount of 50,000,000. It was antimated that would never be collected that 850,000 world be collected winds of year-end, and that $195.000 would be collected more than 60 days from year-end The City had recognized the maximum permitted under modified accounting 4.5185,000 of property taxes had been deferred at the end of the previous year and was recognized under modified accrual as revenge in the current year The modified accrual statement reflected debt service expenditures in the wount of S450,000 for interest and $800,000 for principal. No adjustmark was necesary for test accruals at year-end Long term compensated absences Habilities increased $110,000 from the previous year. reconciliation from the change in fund balances reported above to the change in Net Position in the governmental column in the government-wide Statement of Activities for the d December 31, 2020 bar, press ALT:FIO (PC) or ALTEFNF10 (Mac). VS Paragraph Arial 10pt T. % 0 Q v 2 >