The following information is taken from the financial records of Jackson City at December 31, 2014:
Total fund balances-governmental funds$ 51,000,000
Total net position-enterprise funds12,000,000
Total net position-internal service funds3,000,000
Total net position-fiduciary funds6,000,000
Total capital assets, net of depreciation-governmental funds135,500,000
Total capital assets, net of depreciation-enterprise funds71,000,000
Total capital assets, net of depreciation-internal service funds9,000,000
Total long-term debt-governmental funds75,000,000
Total long-term debt-enterprise funds35,000,000
Total long-term debt-internal service funds8,400,000
Required
Prepare a reconciliation of total fund balances-governmental funds, as reported on the governmental funds balance sheet, to net position-governmental activities, as reported on the government-wide statement of net position.