The Police Department of a given city received an appropriation in the amount of $8,000,000 for the fiscal year ended June 30, 2015. During the month ended July 31, 2014, the following transactions occurred: (1) purchase orders were issued in the amount of $500,000; (2) purchase orders, related to (1) above, were filled in the amount of $490,000; the related invoice amount was $495,000; invoices were paid in the amount of $450,000; (3) salaries were accrued and paid in the amount of $475,000. The balance available for the police department as of July 31, 2014 is