On the Statement of Net Assets, net assets are reported:

(A) as the total of current and long-term assets less depreciation.

(B)in three categories: 1) invested in capital assets, net of related debt; 2) restricted net assets; and 3) unrestricted net assets.

(C)in three categories: 1) net capital assets after related debt; 2) limited net assets; and 3) unlimited net assets.

(D)as the net of total assets minus total long-term liabilities.