Swifty issued an 9%, 10-year $2.200,000 bond to build a monorail mass transit system. The city received $1,940,874 cash from the bond issuance on January 1, 2025. The bond yield is 11%. Interest is paid annually on December 31 of each year. Disclosure information about capital assets is reported below.

Depreciation expense charged to governmental activities as follows: Swifty's governmental funds financial statements are as follows: Other Financing Sources (Uses) Proceeds from long-term capital debt Transfers in Transfers out Total other Special Items * Revenues from licenses and permits are assigned to highways and streets \\( (\\$ 100,000) \\) and to the general government \\( (\\$ 50,000) \\). Swifty Statement of Net Position - Government-Wide Basis At December 31, 2025 Statement of Net Position Governmental Funds Total Government Activities Assets \\( \\$ \\) Adjustments \\( \\$ \\) Liabilities and Fund Balance \\( \\$ \\) \\( \\$ \\) \\( \\$ \\) Net Position \\( \\$ \\) Total \\( \\$ \\) \\( \\$ \\)