The Statement of Net Position of South State University, a government-owned university, as of the end of its fiscal year June 30, 2022, follows. Assets Cash SOUTH STATE UNIVERSITY Statement of Net Position June 30, 2022 Accounts receivable (net of doubtful accounts of $11,000) Investments. Capital assets Accumulated depreciation Total assets Liabilities Accounts payable Accrued liabilities Unearned revenue Bonds payable Total liabilities Net Position Net investment in capital assets Restricted Unrestricted $ 376,000 271,000 183,000 $1,281,000 201,000 1,080,000 1,910,000 83,000 33,000 23,000 552,000 691,000 528,000 130,000 561,000