QUESTION 58 Please identify the effect of the following transacdon on the net position section of the Statement of Net Position of an enterprise fund. A building with a book value of $700,000 was sold for $750,000. Increase Net Investment in Capital Assets by $50,000 Decrease Net Position - Unrestricted by $700,000 Increase Net Position - Unrestricted by $750,000 Decrease Net Investment in Capital Assets by $700,000 QUESTION 59 Please identify the effect of the following transaction on the net position section of the Statement of Net Position of an enterprise fund. A decrease of $20,000 from $75,000 last year to $55,000 for the current year, required by the legislature, for maintaining equipment. Decrease Net Investment in Capital Assets by $20,000 o Decrease Net Investment in Capital Assets by $55,000 Decrease Net Position - Restricted by $20,000 Decrease Net Position - Restricted by $55,000