2. Taylor City issued the following long-term obligations:

Revenue bonds to be repaid from admission fees collected from users of the city swimming pool

$1,000,000 General obligation bonds issued for the city water and sewer fund that will service the debt

$1,800,000 Although these bonds are expected to be paid from enterprise funds, the full faith and credit of the city has been pledged as further assurance that the obligations will be paid. What amount of these bonds should be accounted for in the proprietary funds?

a $0 b $1,000,000 c $1,800,000 d $2,800,000