The General Fund of a smallmunicipality began the current fiscal year with $200,000 cash.During the

The General Fund of a smallmunicipality began the current fiscal year with $200,000 cash.During the fiscal year, the General Fund made cash disbursementsfor the following: – Salaries and other personnel costs, $90,000 – Office rent and utilities, $12,000 – Retirement of debt principal, $20,000; payment of interest,$2,000 – Purchased equipment at thebeginning of the fiscal year for $60,000; the equipment is expectedto last 5 years and have a salvage value of $6,000 – Photocopier rental, $8,000           Compute the total amount of
expenditures to be reportedon the fund financial sstatement of the General Fund. (Do not use $) . . .

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