For the year ended December 31, 2005, the general fund of Ward Village reported revenues from the following sources on the statement of revenues, expenditures, and changes in fund balances:
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|
Sales taxes |
$ 25,000 |
|
Property taxes |
125,000 |
|
Income taxes |
15,000 |
|
Fines |
10,000 |
In accordance with GASB 33, Accounting and Reporting for Nonexchange Transactions, what is the amount of revenues that came from imposed nonexchange transactions?
- $175,000
- $150,000
- $140,000
- $135,000