Tinsel Town has only two funds, the General Fund (GF), and a Capital Projects Fund (CPF).Summarized operating statements for each of the funds for fiscal 2019 are as follows:

GF CPF Total

Revenues $100 $-- $100

Expenditures 89 62 151

Bond proceeds -- 70 70

Increase in fund balance 11 8 19

Beginning fund balance 52 0 52

Ending fund balance 63 8 71

Assume that all the expenditures in the Capital Projects Fund were capital outlays and that all the expenditures in the General Fund were for operations. Also, assume that revenues in the General Fund would be the same under the modified accrual and accrual basis of accounting. The total net position balance for Tinsel Town's governmental activities in the government-wide financial statements at the end of fiscal 2019 is:

$63

$43

$68

$75