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Question 1 out of 3 points On June 30, 2022 the City of Lancaster provided the items below as possibly relevant to the reconciliation
Question 1 out of 3 points On June 30, 2022 the City of Lancaster provided the items below as possibly relevant to the reconciliation of government fund balance to net position and change in fund balance to change in net position for FY 2022: Item Amount Accumulated depreciation, July 1, 2021 2,000,000 Additional interest expense accrued over FY 2022 interest payments 120,000 Bond proceeds received FY 2022 500,000 Capital assets, July 1,2021 4,000,000 Capital assets purchased during FY 2022 200,000 Depreciation expense FY 2022 Government change in fund balance, FY 2022 Government fund balance, June 30,2022 Long term debt, July 1, 2021 750,000 1,500,000 1,200,000 2,500,000 Principal payments on LT debt FY 2022 Revenues earned in excess of revenues measurable and available 70,000 150,000 When the reconciliation is complete, Government Net Position and Change in Government Net Position will be reported at what amounts?
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