60) The general ledger of Broadway contains the following selected account balances:

Appropriations Control	$	900,000
Reserve for Encumbrances		50,000
Vouchers Payable		90,000
Expenditures		720,000

Broadway wants to order additional goods and services before the fiscal year end. What is the unencumbered balance of the budget that may be expended by Broadway?

A) $850,000

B) $760,000

C) $180,000

D) $130,000-Please explain using clear math steps how to get this answer- thank you

Answer: D