Reconciliations to yield government$-$wide financial statements $($capital assets$)$

The City of Boxborough is preparing its government$-$wide financial statements.

The City identifies Capital Assets with a book value of $$700,000($all numbers in $$1,000$s$)$ at the beginning of the year that are depreciated at the rate of $$35,000$ per year. Its records also indicate that it spent $$420,000$ on new Capital Assets during the year. What two reconciliation entries must the City include in its government$-$wide financial statements relating to Capital Assets?