The trial balance of a county's debt service fund at the beginning of the year is provided below: Dr (Cr) Cash $15,000 Investments 12,000 Fund balancecommitted (27,000) Total $ 0 General obligation debt payments for the year are estimated to be $80,000 for interest and $30,000 for principal. The county budget requires that the general fund transfer $100,000 to the debt service fund during the year. Income on investments is budgeted at $900. The debt service fund uses budget accounts. Transactions for the year are as follows: The general fund transfers $100,000 to the debt service fund. The capital projects fund transfers a bond premium on newly issued bonds to the debt service fund, in the amount of $1,000. The debt service fund invests $35,000 in securities and sells investments with a book value of $40,000 for $40,200. Interest income on securities held during the year is $375, received in cash. The fair value of investments held at year-end is $7,300. The debt service fund makes the principal and interest payments as budgeted. Investments, reported in the debt service fund's year-end balance sheet, are: Group of answer choices $7,000 $7,375 $7,100 $7,300