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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

image text in transcribed 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 $ 4,050,000 880,000 650,000 1,130,000 520,000 10,600,000 11,350,000 550,000 659,000 5,550,000 3,210,000 5,050,000 8,140,000 754,000 223,000 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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