8. The following information pertains to Powell City’s special revenue fund in 2019: After Powell’s special revenue fund accounts were closed at the end of 2019, the fund balance increased by a....

8. The following information pertains to Powell City’s special revenue fund in 2019:

After Powell’s special revenue fund accounts were closed at the end of 2019, the fund balance increased by

a. $3,000,000.

b. $1,500,000.

c. $500,000.

d. $2,000,000.