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The governmental funds of the City of Westchester report $553,500 in assets and $199,000 in...

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Accounting

The governmental funds of the City of Westchester report $553,500 in assets and $199,000 in liabilities. The following are some of the assets reported by this government.

Prepaid items$12,700.

Cash from a bond issuance that must be spent within the school system according to the bond indenture$81,000.

Supplies$8,650.

Investments given by a citizen that will be sold with the proceeds used to beautify a public park$34,250.

Cash that the assistant director of finance has designated for use in upgrading the local roads$57,250.

Cash from a state grant that must be spent to supplement the pay of local kindergarten teachers$59,750.

Cash that the city council (the highest level of authority in the government) has voted to use to renovate a school gymnasium$75,000.

On a balance sheet for the governmental funds, what fund balance amounts will be reported by the City of Westchester?

Fund-balancenonspendable
Fund-balancerestricted
Fund-balancecommitted
Fund-balanceassigned
Fund-balanceunassigned
Total fund-balance

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