Barrett City has a capital projects fund that has resources (revenues and other financing sources) of $2,000,000, but the project when completed only has $1,950,000 of costs. What will be the income statement effect (i.e., change in fund balance) of the journal entry for the necessary transfer the capital projects fund will make at the end of the project?

Question 32 options:

	Increase of $50,000
	Decrease of $50,000
	Increase of $2,000,000
	Decrease of $1,950,000
	No effect