Question
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
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 $3,510,000 802,000 593,000 1,214,000 475,000 9,683,000 10,368,000 594,000 603,000 4,986,000 2,936,000 4,697,000 7,432,000 690,000 204,000 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.)
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