Question: (Estimating the fund balance at the end of the year) At the end of the preceding year, the General Fund of the Atlas Township School Board had a fund balance of $7500. General Fund revenues and expenditures for the current year are expected to be as shown here. Determine the projected year. end fund balance for this fund. Year-to-Date Remainder of Year Actual Estimated Revenues Property taxes $9500 $6500 Out-of-township tuition 3000 2000 Share of lottery receipts 8500 7500 State grants 5000 Expenditures Salaries $ 3500 $4500 Fringe benefits 6400 4600 Operating expenses 2500 1500 Equipment 1100 1400 Transportation 500 1000 Debt service 400 400 The projected year-end fund balance for this fund. Year-to-Date = $19700 The projected year-end fund balance for this fund. Year-to-Date = $16700 The projected year-end fund balance for this fund. Year-to-Date = $9200