Prepare the reconciliation of change in total fund balance to change in net assets for governmental activities for the City of Riner, given the following information.

Net increase in Gov. Fund Balances............................................................. $500,000

Expenditures capital outlay equipment...................................................... $3,500,000

Expenditure debt service principal............................................................. 200,000

Expenditure Interest................................................................................... 200,000

Other financing source proceeds from sale of land.................................... 120,000

Other financing source proceeds of bonds................................................. 1,000,000

Other financing source premium on bonds................................................ 100,000

Transfers from the General Fund.................................................................. 1,100,000

Transfer to the Debt Service Fund................................................................ 1,100,000

Revenue property taxes................................................................................. 1,500,000

Increase in compensated absences reported as general long-term liabilities 23,000

Increase in accrued interest reported as general long-term liabilities........... 12,000

Additional information: Land sold had a book value of $25,000. Deferred property taxes were $10,000 at the beginning of the year. Deferred property taxes at the end of the year were $12,000. Depreciation for the year is $2,000,000