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The following Information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2020 Cash

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The following Information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2020 Cash and cash equivalents, governmental activities Cash and cash equivalents, business-type activities Receivables, governmental activities Receivables, business-type activities Inventories, business-type activities Capital assets, net, governmental activities Capital assets, net, business-type activities Accounts payable, governmental activities Accounts payable, business-type activities General obligation bonds, governmental activities Revenue bonds, business-type activities Long-term liability for compensated absences, governmental activities 480,000 700, Bee 450,000 1,330,000 520,000 12, see, een 7,200,000 65e,eee 559,000 7,800,000 3,210,000 359,000 From the preceding Information, prepare a statement of Net Position for the City of Southern Springs as of April 30, 2020. Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $554,000 for governmental activities and $200,000 for business-type activities. (Negative amounts should be indicated by a minus slgn.) CITY OF SOUTHERN SPRINGS Statement of Net Position As of April 30, 2020 Governmental Business Type Activities Activities Total Assets

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