In Its Government-Wide Statement of Net Position, a Government Reported

Multiple Choice

In its government-wide Statement of Net Position, a government reported assets of $165 million, including $70 million in capital assets net of depreciation) , and liabilities of $80 million, including long-term debt of $60 million, $50 million of which was issued to acquire capital assets. In addition, $30 million was restricted for debt service and other purposes. The government's Unrestricted Net Position would be reported as:

A) $85 million.
B) $65 million.
C) $45 million.
D) $35 million.