On the government$-$wide Statement of Net Position, prepared in accordance with GASB $34,$ Basic Financial

Statements$-$and Management's Discussion and Analysis$-$for State and Local Governments,

net position is reported in which of the following categories?

I. Net investment in capital assets, net of current liabilities.

II$.$ Restricted.

III. Unrestricted.

I, II$,$ and III.

II and III.

I and II$.$

I and III.