** PLEASE DISREGARD THE REMARKS REGARDING PAGE 29 AND EXCERCISE 2-9**

(40 points) The following information is available for the preparation of the government- wide financial statements of the City of Schofield as of June 30, 2018 Accounts payable, business-type activities Accounts payable, governmental activities Capital assets, net, business-type activities Capital assets, net, governmental activities Cash and cash equivalents, business-type $ 265,000 570,000 9,900,000 10,400,000 activities 1,890,000 Cash and cash equivalents, governmental activities Inventories, business-type activities Net Position, restricted for debt service, 1,250,000 610,000 640,000 930,000 5,110,000 7,250,000 4,790,000 business-type activities Net Position, restricted for debt service, governmental activities Net Position, net investment in capital assets, business-type activities Net Position, net investment in capital assets, governmental activities Noncurrent liabilities, business-type activities* Noncurrent liabilities, governmental activities* Receivables, business-type activities Receivables, governmental activities 3,050,000 1,500,000 400,000 Assume all long-term liabilities were incurred in the acquisition of capital assets. Required: From the information given above, prepare, in good form, a Statement of Net Position for the City of Schofield as of June 30, 2018. Include the unrestricted net position, which is to be computed from the information presented above. Include a total column. The city has no component units. See page 29 in your text for an example of setup and formatting. Prepare the statement in Excel and upload to the assignment drop box in D2L