What amount reflected in the fund statement of revenues

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Question - The underwood electric Utility fund, which is an enterprise fund, had the following during its 20X1 fiscal year ending at December 31,20X1:

Depreciation for 20X1 = $43,000

Prepaid insurance paid in December 20X1 = $129,000

What amount should be reflected in the fund's statement of revenues, expenses and changes in fund net assets for this items?

a. $172000

b. $43000

c. $129000

d. $0

Reference no: EM133069028

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