The following revenues were among those reported by Ariba Township in 2005:

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Net rental revenue (after depreciation) from a parking garage owned by Ariba

$ 40,000

Interest earned on investments held for employees’ retirement benefits

100,000

Property taxes

6,000,000

What amount of the foregoing revenues should be accounted for in Ariba’s governmental-type funds?

  1. $6,140,000
  2. $6,100,000
  3. $6,040,000
  4. $6,000,000