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Question 14 of Question 14 7 points The City of Amld reported a change in fund balance of 14.287,000 in its governmental Runde Statement of

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Question 14 of Question 14 7 points The City of Amld reported a change in fund balance of 14.287,000 in its governmental Runde Statement of Revenum, Expenditures, and Change in Fund Balances for the year ended December 31, 2020. In addition, the following information is relevant 1. Captal day expenditures amounted to $9,880,000 in the modified accrual statement General government capital assets mounted to 561,000,000, excluding land and radar verage Ife of 20 years 2. The modified statement reported proceeds from the sale of land in the amount of $450,000. The land had a basis of $350,000 3. Property and had been hered in the amount of se.000.000. wie estimated that would not be collected. The 5480.000 would be collected within 60 days of year-end, and that $196,000 would be cafeded more than 60 days from your end. They had recognized the maximum permited under modified scorul accounting 5. The modified customer reflected debt serveurhout of $450,000 for rent and $800.000 for principal Noment was necessary for a year-end end 6. Long term compensated absences bites increased Required: Prepare a reconciliation from the change in fund balances reported above to the change in Net Position in the governmental column in the government-wide Statement of Activities for the your ended December 31 2020 For the toolbar, press ALT:F10/PC or ALT+FN+F10 (Mac). BIU Paragraph Ariat 10pt TX a SE ex X, ffe EL CA E E 10 O WORDS POWERED BY THE MacBook Air SO

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