1. The general fund has the following budget:

• $600,000 in estimated revenues,
• $510,000 in appropriations,
• $50,000 in estimated other financing sources, and
• $75,000 in estimated other financing uses.

If the general funds balance in fund balanceunassigned was $60,000 at the beginning of the year, before the budget entry, what is its balance after the budget entry?

Please show work.