Governmental accounting

The following table shows the total revenues and expenditures during the budget period ended in 2020 (numbers in million): Items Taxes on Employees Sales Tax Salaries Rents Lands Furniture Budget Allocation 4950 2420 3520 770 2420 990 Actual 5060 2255 3454 715 2398 1023 Received or paid 4950 2332 3410 748 2310 1045 Additional Information: * There are maintenance contracts, which have been signed, with service companies, worth 40 million JD and have not been implemented yet * The percentage of depreciation is 12% for buildings and 8% for Furniture, * The balance of treasury is 710 million at the beginning of 2019. Instructions: Based on the above information determine the values of the following items by applying the Modified Accrual Basis: 1. Total of revenues is: A. 6,700 B. 6,650 C. 7.282 D. None of the above 2. Total of expenditures is: A. 7,690 B. 7.685 6.900 D. None of the above