Presented below is the Governmental Funds Balance Sheet for the Warrenton Library District, a special-purpose entity engaged in a single governmental activity.

1. Additional information:
2. Capital assets (net of accumulated depreciation) amounted to $328,000 at year-end.
3. The liability for long-term compensated absences is estimated to be $89,150 at year-end.
4. Long-term notes payable amounted to $224,500 at year-end.

Prepare a combined Governmental Funds Balance Sheet/Statement of Net Position. (Amounts to be deducted should be indicated by a minus sign.)

WARRENTON LIBRARY DISTRICT
Governmental Funds Balance Sheet
As of December 31, 2020
	General Fund					Special Revenue Fund					Total
Assets
Cash and cash equivalents		$	127,000				$	13,000			$	140,000
Inventories			6,300									6,300
Receivables (net)
Taxes receivable			98,000									98,000
Due from general fund								7,900				7,900
Total assets		$	231,300				$	20,900			$	252,200
Liabilities
Accounts payable			88,100					4,500				92,600
Due to special revenue fund			7,900									7,900
Total liabilities			96,000					4,500				100,500
Fund balance
Nonspendable (inventories)			6,300									6,300
Restricted for other purposes								16,400				16,400
Unassigned			129,000									129,000
Total fund balance			135,300					16,400				151,700
Total liabilities and fund balance		$	231,300				$	20,900			$	252,200