Problem #3 Presented in the following table is selected information from the 20x5 financial statements of the various individual funds of Alderman City. Expenses $ Assets and Deferred Outflows 23,302,450 7,636,000 14,000,000 13,934,000 48,090,000 11,350,000 165,000,000 10,800,000 22,100,000 9,637,000 11,951,000 Fund General Grants Special Revenue School Special Revenue Debt Service Capital Projects Transit EF Water & Sewer EF Civic Center EF Public Parking EF Fleet Management ISF Risk Management ISF Liabilities and Deferred Inflows $ 14,281,850 6,500,000 8,910,000 800,000 1,028,000 177,533 36,300,000 504,000 9,160,000 265,000 8,900,000 Expenditures $ 114,376,000 5,736,000 68,000,000 9,360,000 21,200,000 Revenues $ 181,338,000 5,700,000 65,068,000 545,250 4,135,000 3,650,000 25,700,000 2,800,000 1,800,000 3,200,000 7,700,000 $ 5,000,000 21,250,000 3,540,000 1,820,000 3,950,000 8,000,000 Identify which GOVERNMENTAL funds of Alderman City are required to be reported as major. (Hint: ignore the ISF fund information given. You do not include that in the calculation of the threshold)