For Simonsen Village (see Problems 12-4 and 12-5 from Chapter 12), prepare a governmentwide statement of net position and statement of activities, and a governmental funds balance sheet and statement...

For Simonsen Village (see Problems 12-4 and 12-5 from Chapter 12), prepare a governmentwide statement of net position and statement of activities, and a governmental funds balance sheet and statement of revenues, expenditures, and changes in fund balances. Any ending balance in the Debt Service Fund is legally restricted to debt service payments on the firetruck. Also prepare reconciliations for the differences between the governmental and government-wide financial statements. (Hint: The reconciliations require you to determine what would differ under accrual accounting compared with modified accrual.)