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The governmental funds of the City of Westchester report ( $ 557,500 ) in assets and ( $ 172,000 ) in liabilities. The following are

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The governmental funds of the City of Westchester report \\( \\$ 557,500 \\) in assets and \\( \\$ 172,000 \\) in liabilities. The following are some of the assets that the government reports. Prepaid items \\( -\\$ 7,400 \\). - Cash from a bond issuance that must be spent within the school system according to the bond indenture \\( -\\$ 96,500 \\). - Supplies \\( -\\$ 8,450 \\). - Investments given by a citizen that will be sold soon with the proceeds used to beautify a public park- \\( \\$ 50,000 \\). - Cash that the assistant director of finance designated for use in upgrading the local roads \\( -\\$ 53,750 \\). - Cash from a state grant that must be spent to supplement the pay of local kindergarten teachers- \\( \\$ 68,000 \\). - Cash that the city council (the highest level of decision-making authority in the government) voted to use in renovating a school gymnasium \\( -\\$ 62,500 \\). On a balance sheet for the governmental funds, what fund balance amounts should the City of Westchester report

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