The Fire Department of a Certain City Received an Appropriation

Multiple Choice

The Fire Department of a certain city received an appropriation in the amount of $12,000,000 for the fiscal year ended December 31,2012.During the month ended January 31,2012,the following transactions occurred: (a) purchase orders were issued in the amount of $400,000; (b) purchase orders,related to (a) above,were filled in the amount of $380,000; the related invoice amount was $368,000; invoices were paid in the amount of $350,000; (c) salaries were accrued and paid in the amount of $575,000; (d) the appropriation was increased in amount of $100,000.The amount available for the Fire Department as of January 31,2012 would be:

A) $10,787,000.
B) $11,037,000.
C) $11,077,000.
D) $11,057,000.