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in 20x1 a city has the following cash outflows from its general fund Purchase of new computer equipment 300,000 Payment to pension plan 250,000 transfer
in 20x1 a city has the following cash outflows from its general fund
Purchase of new computer equipment 300,000
Payment to pension plan 250,000 transfer to a capital projects fund 100,000
What is the amount of expenditure reported on the fund level financial statements?
A 300,000
B 350,000
C 550,000
D 650,000
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