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Following is the information concerning operating activity for Annette County. For the year ended June 30, the net chonge in total governmental fund balances was $(290,500), and the change in net position of governmental activities was $195,000. During the year, Annette issued $3,130,000 in general obligation bonds at a premium of 102 . The bonds are to be used for a construction project. The county acquired $3,880,000 in capital assets and sold capital assets with a book value of $556,500 for $583,600. At the beginning of the period, accrued liabilities related to long-term debt were $476,500 and at the end of the period, they totaled $507,000. During the period $630,000 of serial bonds were retired. Depreciation on capital assets totaled $616,000. Revenue accrued for the period but not available for use totaled $371,100. Prepare a reconciliation of the change in governmental fund balance to the change in net position of governmental activities. (Decreases should be indicated with a minus sign.) Following is the information concerning operating activity for Annette County. For the year ended June 30, the net chonge in total governmental fund balances was $(290,500), and the change in net position of governmental activities was $195,000. During the year, Annette issued $3,130,000 in general obligation bonds at a premium of 102 . The bonds are to be used for a construction project. The county acquired $3,880,000 in capital assets and sold capital assets with a book value of $556,500 for $583,600. At the beginning of the period, accrued liabilities related to long-term debt were $476,500 and at the end of the period, they totaled $507,000. During the period $630,000 of serial bonds were retired. Depreciation on capital assets totaled $616,000. Revenue accrued for the period but not available for use totaled $371,100. Prepare a reconciliation of the change in governmental fund balance to the change in net position of governmental activities. (Decreases should be indicated with a minus sign.)

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