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A City Had the Following Accounts and Amounts on Its

Question 29

Multiple Choice

A city had the following accounts and amounts on its statement of activities:
-Public safety expenses of $2,755,500
-Public safety charges for services of $20,500
-Public safety operating grants and contributions of $105,000
-Public safety capital grants and contributions of $75,000
-General government charges for services of $455,500
-Property tax general revenues of $2,905,000
-Unrestricted grants of $300,000
Net (expense) revenue for the public safety function would be


A) $(2,555,000) .
B) $200,500.
C) $956,000.
D) $2,555,000.

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