On January 1, 2009, Stale City reported an unreserved fund balance of ($50,000. ) During the year,
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On January 1, 2009, Stale City reported an unreserved fund balance of \($50,000. \) During the year, estimated revenues were \($400,000\) and actual revenues were \($425,000.\) Appropriations for the year were \($350,000,\) while expenditures were \($250,000\) and encumbrances outstanding at December 31, 2009, were \($80,000.\) Compute the unreserved fund balance at December 31, 2009.
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