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 Noncurrent liabilities, governmental activities Noncurrent liabilities, business-type activities Net position, net investment in capital assets, governmental activities Net position, net investment in capital assets, business-type activities Net position, restricted for debt service, governmental activities Net position, restricted for debt service, business-type activities $ 3,560,000 007,000 598,000 1,219,000 400,000 9,733,000 10,410,000 599,000 600,000 5,036,000 2,986,000 4,747,000 7,482,000 695,000 209,000 From the above information, prepare a Statement of Net Position for the City of Southern Springs as of April 30, 2020. (Calculate and Include the unrestricted net position.) CITY OF SOUTHERN SPRINGS Statement of Net Position i As of April 30, 2020 Governmental Activities Business-Type Activities: Total Assets: Cash and Cash Equivalents $ 3,560,000 $ 807,000 $ 4,367,000 Inventories Receivables Capital Assets, Net 480,000) 480,000 506,000 1,219.000 1,817,000 9,733,000 9,733,000 CITY OF SOUTHERN SPRINGS Statement of Net Position As of April 30, 2020 Governmental Activities Business-Type Activities Total Assets: . Cash and Cash Equivalents $ 3,560,000 $ 807,000 $ 4,367,000 Inventories Receivables Capital Assets, Net 480,000 480,000 598,000 1,219,000 1,817,000 9,733,000 9,733,000 0 $ 13,891,000 $ 2,506,000 $ 16,397,000 Total Assets Liabilities: Accounts Payable Noncurrent Liabilities Total Liabilities Net position: Net Investment in Capital Assets Restricted for Debt Service Unrestricted Total Net Position $ + 0 $ 0 $ 0 $ 0 $ 0 0 0 0 0 $ 0 $ 0