Ivy City general fund payrolls for year 2021 totaled $1,600,000.Out of $1,600,000,$200,000 was withheld for employees' federal income taxes and federal payroll taxes; $100,000 for employees'

state income taxes; $160,000 for retirement funds administered by the state government; and $1,080,000 was paid to employees in cash. $60,000 of the total (i.e., $1,600,000) was earned by

employees for the last week of December will be paid with the first payroll in year 2022. The amount of expenditures related to salaries expenditure Ivy cotywill report in the operating statement for

general fund would be: