The County of Middlesex, N.J. has a fiscal year end of December 31st. The financial statements have been maintained on a fund basis, using modified accrual accounting. You are now preparing the Government Wide Financial Statements that will be prepared on an accrual basis. The five governmental funds, in total, have the following: Assets of $80,000,000 Liabilities of $65,000,000 Fund Balance $15,000,000 There are two reconciling items: 1. The above Liabilities include $500,000 in excess of revenue earned over revenue available and measurable 2. The Assets above do NOT include the county fire truck purchased this year (and expenditure) for $250,000 Required: A) Prepare the two reconciling journal entries needed to put the County of Middlesex's financial statement on a full accrual basis. B) After these two journal entries are applied, what will be the Total Net Assets in the Government Wide Financial Statements