Here Is Information on the Results of Operations of a Local

Multiple Choice

Here is information on the results of operations of a local government for the current year:
$$\begin{array} { | l | r | } \hline \text { Change in fund balances, governmental funds } & \$ 5,000,000 \\\hline \text { Increase in internal service net position } & 100,000 \\\hline \text { Payments of principal on general long-term debt } & 1,200,000 \\\hline \text { Proceeds from issuing general long-term debt } & 3,000,000 \\\hline \text { Outlays for general capital assets } & 2,500,000 \\\hline \text { Depreciation expense on general capital assets } & 400,000 \\\hline\end{array}$$ The change in net position of governmental activities, reported on the government-wide statement of activities, is:

A) $5,200,000
B) $5,400,000
C) $9,000,000
D) $3,000,000