Tinsel Town had the following long-term liabilities at year-end: Revenue bonds to be repaid from tolls collected by the superhighway enterprise fund General obligation bonds issued for the Tinsel Town water utility, which will service the debt $250,500 200,700 What amount should be recorded as long-term liabilities in the proprietary fund financial statements? Multiple Choice $0. $200,700. $250,500. $451,200.