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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, 2017: Cash
The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2017:
Cash and cash equivalents, governmental activities | $ | 3,840,000 |
Cash and cash equivalents, business-type activities | 878,000 | |
Receivables, governmental activities | 649,000 | |
Receivables, business-type activities | 1,328,000 | |
Inventories, business-type activities | 519,000 | |
Capital assets, net, governmental activities | 10,580,000 | |
Capital assets, net, business-type activities | 11,329,000 | |
Accounts payable, governmental activities | 649,000 | |
Accounts payable, business-type activities | 658,000 | |
Noncurrent liabilities, governmental activities | 5,442,000 | |
Noncurrent liabilities, business-type activities | 3,205,000 | |
Net position, net investment in capital assets, governmental activities | 5,138,000 | |
Net position, net investment in capital assets, business-type activities | 8,124,000 | |
Net position, restricted for debt service, governmental activities | 753,000 | |
Net position, restricted for debt service, business-type activities | 223,000 | |
From the above information, prepare a Statement of Net Position for the City of Southern Springs as of April 30, 2017. |
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