The city of Alpine incurred the following costs during the year in its property tax collection department:
Purchase of computer equipment $ 10,000
Salaries and wages $400,000
Purchase of electricity from the city-owned electric utility $ 40,000
Purchase of supplies, all of which were used during the year $ 10,000
As a consequence of these transactions, the amount that Alpine should report as expenditures in its general fund is
a. $400,000
b. $410,000
c. $450,000
d. $460,000
