Q2 Free balance Vs. Unexpended balance (7 Points)

Charlotte City approves the purchase of two snowplow machines from John Deere Company for an estimated price of $500,000 as $250,000 for each. On Jan.10th the first snowplow machine been ordered, on Jan. 21st the machine arrived with an invoice of $246,000. On November5th the second machine been ordered, the second machine arrived on Dec. 15th along with an invoice of $252,000. Please calculate the following as shown on the specified dates below:

	Jan. 15	Jan. 28	Nov. 10	Dec. 20
Unexpended balance
Un-encumbered (free) balance