The Town of Windsor Issued the Following During the Year

Multiple Choice

The Town of Windsor issued the following during the year: (1) $600,000 in bonds for the installation of street lights, to be assessed against properties benefited, but secondarily backed by the town; (2) $800,000 in bonds for construction of a public golf course to be self-supported from fees collected from golf course users. How much should be accounted for through debt service funds for payments of principal over the life of the bonds? 

A) $0.
B) $600,000.
C) $800,000.
D) $1,400,000.