The Trial Balance of a General Fund at April 3

Essay

The trial balance of a general fund at April 3, 2020 appears below. The government's fiscal year ends June 30, 2020.
$$\begin{array} { | l | r | } \hline &{ \text { Dr (Cr) } } \\\hline \text { Cash } & \$ 1,000,000 \\\hline \text { Property taxes receivable, net } & 3,000,000 \\\hline \text { Due from other funds } & 400,000 \\\hline \text { Estimated revenues } & 22,000,000 \\\hline \text { Expenditures } & 15,000,000 \\\hline \text { Encumbrances } & 2,000,000 \\\hline \text { Accounts payable } & ( 4,500,000 )\\\hline \text { Property tax revenues } & ( 16,000,000 ) \\\hline \text { Appropriations } & ( 20,000,000 ) \\\hline \text { Fund balance-assigned } &( 2,000,000 ) \\\hline \text { Fund balance-unassigned } & (900,000 ) \\\hline \text { Total } & \$0 \\\hline\end{array}$$ Required
Calculate available funds as of April 3, 2020.