The preclosing trlal balance at December 31, 20x1, for Lone Wolf's general fund follows. Lone Wolf uses the purchase method of accounting for Inventorles and the lapsing method of accounting for encumbrances. b. Prepare a general fund-only balance sheet at December 31, 20X1. Note: Follow the same sequence shown In the problem statement to select the approprlate answers. Amounts to be deducted should be Indlcated with minus sign