The following are fund balance classifications described in Chapter 2:

A. Nonspendable B. SpendableRestricted C. SpendableCommitted D. SpendableAssigned E. SpendableUnassigned For each of the following scenarios, indicate how they would be classified for fund balance reporting purposes using the classification list above. Place the appropriate letter in the blank space next to each scenario. _____ 1. Bond proceeds of $15,000,000 that must be used for construction of a fire substation remain unspent at the end of the fiscal year. _____ 2. Prepaid rent of $6,000 remains at the end of the fiscal year. _____ 3. The city council adopted a plan to set aside 2% of revenues over the next three years to help build cash reserves. At the end of the fiscal year 2% of the revenues were set aside. _____ 4. The state transportation department provided $1,000,000 in state funds to be used for street widening. At the end of the fiscal year $750,000 remained unspent. _____ 5. The county received a $3,000,000 endowment during the year.