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n its Statement of Net Position, a government reported: Assets of $200 million, including $120 million in capital assets (net), and Liabilities of $80 million,
n its Statement of Net Position, a government reported: Assets of $200 million, including $120 million in capital assets (net), and Liabilities of $80 million, including long-term debt of $50 million, all related to capital asset acquisition. The government also reported $10 million of net assets were restricted for payment of debt service. The government's Unrestricted Net Position would pe reported as
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