Business, 12.10.2021 14:00, serenity6282

Assume that the one component unit had program revenues of $33,000 and expenses of $45,900 and spent $17,500 for land during Year 4. However, it should have been handled as a blended component unit, not as a discretely presented component unit. According to the information provided, the overall increase in net position reported was $185,000. What was the correct overall change in the net position in the government-wide financial statements?

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Assume that the one component unit had program revenues of $33,000 and expenses of $45,900 and spent...