If a Governmental Entity Issued $3,000,000 in Bonds, Received a $500,000

Multiple Choice

If a governmental entity issued $3,000,000 in bonds, received a $500,000 federal capital grant, and transferred $750,000 to a Capital Projects Fund from the General Fund, the Capital Projects Fund financial statements should report Other Financing Sources (OFS) of

A) $500,000.
B) $750,000.
C) $3,750,000.
D) $4,250,000.