The General Fund of Tulare County has a total fund balance of $850,000. The total includes the 4 items shown below. Taking account of those 4 items, prepare the fund balance section of its General Fund balance sheet.

1. Tulare uses the purchases method to record supplies acquisitions. Tulare considers its year-end inventory of $112,000 to be material.

2. During the year, the General Fund loaned the Internal Service Fund $100,000. The loan will be fully repaid to the General Fund in 3 years.

3. The General Fund received a federal grant of $100,000 to help Tulare plan for anti-terrorism activities. The grant has no time restrictions. At year-end, the General Fund had unspent resources of $40,000 under the grant.

4. In accordance with the authority delegated to him, the Tulare County manager decided to set aside $75,000 of the fund balance of the General Fund for future spending to upgrade its computer systems.

Fund balances: Nonspendable fund balance $ Committed fund balance Restricted fund balance Assigned fund balance Unassigned fund balance Total fund balance $