An internal service fund had the following transactions during the year ended June 30,2009,its first year of existence:
(1)Received $1,000,000 contribution from the general fund.
(2)Acquired fleet of cars for $950,000,paying cash.
(3)Billed departments in other funds $500,000 for using cars.
(4)Incurred operating costs,exclusive of depreciation,of $240,000.
(5)Depreciation expense amounted to $250,000.
-Refer to the above information.On the internal service fund's balance sheet at June 30,2009,net assets-unrestricted should be reported at:

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The Answer of An internal service fund had the following transactions during the year ended June 30,2009,its first year of existence:
(1)Received $1,000,000 contribution from the general fund.
(2)Acquired fleet of cars for $950,000,paying cash.
(3)Billed departments in other funds $500,000 for using cars.
(4)Incurred operating costs,exclusive of depreciation,of $240,000.
(5)Depreciation expense amounted to $250,000.
-Refer to the above information.On the internal service fund's balance sheet at June 30,2009,net assets-unrestricted should be reported at:

An Internal Service Fund Had the Following Transactions During the Year