Problem Qu$.4-95$ The following is a pre$-$closing trial balance for Montpelier$$s General...

The following is a pre$-$closing trial balance for Montpelier's General Fund as of June $30,2023$:

Debits Credits

Cash $ $116,500$

Taxes Receivable$$Current $29,000$

Allowance for Uncollectible Current Taxes $ $3,000$

Accounts Payable $7,800$

Due to Other Funds $5,500$

Tax Anticipation Notes Payable $50,000$

Fund Balance$$Unassigned $70,200$

Budgetary Fund Balance $1,000$

Estimated Revenues $100,000$

Revenues $102,000$

Appropriations $99,000$

Expenditures $93,000$

Totals $ $338,500$ $ $338,500$

What is the fund balance as of June $30,2023,$ after all closing entries have been made?