Use the Following to Answer the Next Two Questions

Multiple Choice

Use the following to answer the next two questions:
The City of Park Ridge reported appropriations in the amount of $17,000,000 for its General Fund for the fiscal year ended December 31, 2014. During that year, expenditures amounted to $16,200,000 (related to current year purchase orders) and $900,000 (related to prior year purchase orders) . In addition, $700,000 in encumbrances had been issued this year, but not filled. Park Ridge follows the budgetary procedure where encumbrances do not lapse.
-The amount that Park Ridge would report for expenditures (and encumbrances,if applicable) in its 2014 General Fund Statement of Revenues,Expenditures,and Changes in Fund Balances (GAAP Basis) would be:

A) $17,100,000.
B) $16,200,000.
C) $17,700,000.
D) $16,900,000.