_____The Following Events Relating to the City of Albury's Debt

_____The following events relating to the City of Albury's Debt Service Funds occurred during the year ended 12/31/06:
All principal and interest due in 2006 were paid on time. What is the total amount of expenditures that Albury's Debt Service Funds should record for the year ended 12/31/06?

A) $900,000
B) $950,000
C) $2,900,000
D) $2,950,000