A government reported,in its government-wide Statement of Net Position:
•assets of $82 million,including $40 million in capital assets (cost) ,with $12 million in accumulated depreciation,and
•liabilities of $50 million,including long-term debt of $15 million related to capital asset acquisition.
In addition,$4 million of cash was restricted for payment of debt service. The government's Unrestricted Net Position would be reported as:
A) $20 million.
B) $19 million.
C) $15 million.
D) $ 4 million.
Correct Answer:
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