Requirement: Correct the wrong answer

The following Information applies to the questions displayed below. The Albertville City Counclil decided to pool the Investments of Its General Fund with Albertville Schools and Richwood Township In an Investment pool to be managed by the city. Each of the pool participants hacd reported its Investments at falr value as of the end of 2016. At the date of the creation of the pool, February 15, 2017, the falr value of the Investments of each pool particlpant was as follows: Investments 12/31/16 Albertville Schools Richwood Townshlp City of Albertville General Fund 896,000 930,000 4,371,000 4,010,000 3,999,000 4,212,000 Total $9,118,000 $9,300,000