The Fire Department of a certain city received an appropriation in the amount of $13,000,000 for the fiscal year ended December 31,2014.During the month ended January 31,2014,the following transactions occurred: (a) purchase orders were issued in the amount of $400,000; (b) purchase orders,related to (a) above,were filled in the amount of $380,000; the related invoice amount was $368,000; invoices were paid in the amount of $350,000; (c) salaries were accrued and paid in the amount of $575,000; (d) the appropriation was increased in amount of $100,000.The amount available for the Fire Department as of January 31,2014 would be:
A) $11,787,000.
B) $12,077,000.
C) $12,057,000.
D) $12,137,000.
Correct Answer:
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