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A local government reports the following information about its funds for Year 2: Pension Trust Investment Trust Permanent Benefits paid $ 600,000 $60,000 $ 95,000

A local government reports the following information about its funds for Year 2:

Pension Trust

Investment Trust

Permanent

Benefits paid

$ 600,000

$60,000

$ 95,000

Expenses

22,000

7,500

12,100

Contributions

1,110,000

10,000

74,700

Appreciation

68,000

2,400

4,300

Interest

415,000

45,000

67,900

Dividends

38,000

2,000

3,200

Net position 1/1/Year 2

3,050,000

60,300

105,000

The total change in net position of the governments fiduciary funds was

A. $1,000,900

B. $1,517,600

C. $1,043,100

D. $1,009,000

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