Problem (10 points). Preparation of the basic financial statements for a state and local government include both the fund financial statements and the government wide financial statements. REQUIRED: (1) (2) List the potential fund financial statements that would be included in the basic financial statements. Indicate the fund types reported in each of the statements. Distinguish among fund financial statements and combining financial statements that might be included in a government's CAFR (Comprehensive Annual Financial Report). What is the relationship between them? When is each required?