A governmental fund Statement of Revenues,Expenditures,and Changes in Fund Balances reported expenditures of $30 million,including capital outlay expenditures of $5 million.Capital assets for that government cost $90 million,including land of $10 million.Depreciable assets are amortized over 20 years,on average.The reconciliation from governmental changes in fund balances to governmental activities changes in net assets would reflect a(an):

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The reconciliation would reflect an increase of $1 million due to the difference between capital outlay expenditures and depreciation expense. The $5 million capital outlay is added back, and the depreciation expense of $4 million ($80 million depreciable assets / 20 years) is subtracted, resulting in a net increase of $1 million.

A Governmental Fund Statement of Revenues,Expenditures,and Changes in Fund Balances