The City of Pittsburgh had the following pre-closing trial balance for its Debt Service Fund:

Debit Cash $300,000

Current Taxes Receivable 650,000

Estimated Revenues 800,000

Expeditures - Bond Interest 100,000

Credit Appropriations $100,000

Revenues $850,000

OFS - Transfers In 200,000

Budgetary Fund Balance 700,000

As a result of the closing entry, what is the fund balance for this account?

Group of answer choices

$950,000 Unestricted Fund Balance (Credit)

$1,050,000 Restricted Fund Balance (Credit)

$950,000 Restricted Fund Balance (Credit)

$1,050,000 Unrestricted Fund Balance (Credit)

Thanks for help