A Debt Service Fund collects $$1,000,000$ in current$-$year property taxes that are dedicated to the payment of debt service principal and interest during the year. It also expects to collect an additional $$60,000$ of dedicated current$-$year property taxes during the first $60$ days of the next fiscal year. The General Fund transferred $$250,000$ to the Debt Service Fund during the current year. Earnings on investments in the Debt Service Fund for the current year were $$28,000.$

How much revenue should the Debt Service Fund report for the current year?

Select one:

a$.$ $$1,028,000$

b$.$ $$1,310,000$

c$.$ $$1,088,000$

d$.$ $$1,338,000$

e$.$ $$1,278,000$