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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

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 $ 610,000
Cash and cash equivalents, business-type activities 1,283,000
Receivables, governmental activities 726,000
Receivables, business-type activities 2,138,000
Inventories, business-type activities 842,000
Capital assets, net, governmental activities 21,852,000
Capital assets, net, business-type activities 11,493,000
Accounts payable, governmental activities 1,044,000
Accounts payable, business-type activities 904,000
General obligation bonds, governmental activities 12,610,000
Revenue bonds, business-type activities 5,188,000
Long-term liability for compensated absences, governmental activities 586,000

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 $896,000 for governmental activities and $375,000 for business-type activities. (Negative amounts should be indicated by a minus sign)

CITY OF SOUTHERN SPRINGS
Statement of Net Position
As of April 30, 2020
Governmental Activities Business-Type Activities Total
Assets:
Total Assets
Liabilities:
Total Liabilities
Net Position:
Total Net Position

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