Question Completion Status: QUESTION 9 The City of Fox is evaluating which of its funds it will present as a major fund in its fund financial statements on December 31, Year 1. The city presents the following partial listing of asset data at December 31, Year 1: Total Governmental Fund Type Assets $3,000,000 Total Enterprise Fund Assets 2,000,000 General Fund Assets 280,000 Community Development Special Revenue Fund 290,000 Sales Tax Special Revenue Fund 350,000 Faberville River Bridge Capital Project Fund 100,000 Faberville Water & Sewer Utility Fund 1,800,000 Faberville Land 200.000 Based purely on assets, how many funds should be displayed as major funds? Four Five Sbx Three QUESTION 10 During the year, Private College received the following An unrestricted $10,000 pledge to be paid the following year. A $70.000 cash gift restricted for scholarships. A notice from a recent graduate that the college is named as a beneficiary of $25.000 in that graduate's will. What amount of contribution revenue should Private College report in its statement of activities? $10,000 Click Save and Submit to save and submit. Click Save All Ansure all ans Ooo FB esc 8 FI A % # 3 & 7 8 9 2 4 Q W R T U Y m tab S A D F. G K J H caps lock Z C V . B N shift