The following revenues were among those reported by Ariba Township in 2005:
align=”left”>
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?
- $6,140,000
- $6,100,000
- $6,040,000
- $6,000,000