The Commissioners approved the budget for calendar year 2019. The unassigned fund balance at the beginning of the year was $25,000. No encumbrances were outstanding and no supplies were on hand at the beginning or the end of the year. Estimated revenues: Property Taxes 500,000 Concession rentals 180,000 User Charges Appropriations: 85,000 Wages and salaries 280,000 Capital Equipment 250,000 Supplies 60,000 765,000 590,000 Budgeted Increase in Fund Balance 175,000 Actual Revenues Property Taxes 420,000 Concession rentals 185,000 User Charges 85,000 Actual Expenditures Wages and salaries 260,000 Capital Equipment 238,000 Supplies 61,000 690,000 559,000 If you were preparing the Statement of Revenues, Expenditures and Changes in fund balance what would be your reported expenditures? 559,000 O 1,149,000 590,000 175,000