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The following information is available for the preparation ofthe government-wide financial statements for the City of SouthernSprings as of April 30, 2017:Cash and cash equivalents, governmental activities$450,000Cash and cash equivalents, business-type activities947,000Receivables, governmental activities534,000Receivables, business-type activities1,577,000Inventories, business-type activities618,000Capital assets, net, governmental activities16,043,000Capital assets, net, business-type activities8,437,000Accounts payable, governmental activities771,000Accounts payable, business-type activities664,000General obligation bonds, governmental activities9,265,000Revenue bonds, business-type activities3,812,000Long-term liability for compensated absences, governmentalactivities427,000Required:From the preceding information, prepare a Statement of Net Positionfor the City of Southern Springs as of April 30, 2017. Assume thatoutstanding bonds were issued to acquire capital assets andrestricted assets total $657,000 for governmental activities and$225,000 for business-type activities. (Negative amountsshould be indicated by a minus sign.)