The following data relates to Lely Township:
Printing and binding equipment used for servicing all of Lely’s departments and agencies, on a cost-reimbursement basis | $100,000 | Equipment used for supplying water to Lely’s residents | 900,000 | Receivables for completed sidewalks to be paid for in installments by affected property owners | 950,000 | Cash received from federal government, dedicated to highway maintenance, which must be accounted for in a separate fund | 995,000 |
How much could be accounted for in an Internal Service Fund? A. $100,000B. $900,000 C. $950,000 D. $995,000 |