Required information [The following information applies to the questions displayed below. ] Following is the June 30, 2019, statement of net position for the City of Bay Lake Water Utility Fund. CITY OF BAY LAKE Water Utility Fund Statement of Fund Net Position June 36, 2619 Assets Current assets: Cash and investments $ 1,774,824 Accounts receivable (net of $13,365 provision for uncollectible accounts) 366,824 Accrued utility revenue 499,666 WefmmemmlFmd 2%2 Interest receivable 81,936 Total current assets 2,692,472 Restricted assets: Cash 9,192 Capital assets: Land $1,786,753 Buildings (net of $3,419,635 in accumulated depreciation) 5,213,853 Machinery and equipment (net of $5,129,385 in accumulated depreciation) 8,487,566 Total capital assets (net) 15,482,166 Total Assets 18,183,776 Liabilities Current liabilities: Accounts payable 531,977 Interest payable 131,755 Current portion of long-term debt 399,666 Total current liabilities 1,662,732 Liabilities payable From restricted assets: Customer deposits 9,192 Long-term liabilities: Revenue bond payable 11,571,666 Total Liabilities 12,642,924 Net Position Net investment in capital assets 3,546,216 Unrestricted 2,666,636 $ 5,546,846 Followinq is the information of the Water Utility Fund for fiscal year 2020