Which of the following properly represents the format of the government$-$wide statement of net position?

Multiple Choice

Assets minus liabilities equal fund balance.

Assets and deferred inflows of resources minus liabilities and deferred outflows of resources equal fund balance.

Assets and deferred outflows of resources minus liabilities and deferred inflows of resources equal net position.

$$ Assets and deferred inflows of resources minus liabilities and deferred outflows of resources equal net position.