Homework 1 Given the following governmental and enterprise funds, indicate whether each is considered a Major fund. Assets Liabilities RevenuesExpendituresMajey 4,400,000 2,000,000 Gov't Fund 1 (General) Gov't Fund 2 Gov't Fund 3 Gov't Fund 4 Gov't Fund 5 Gov't Fund 6 Gov't Fund 7 Gov't Fund 9,000,000 25,000,000 9,900,000 4,800,000 3,300,000 50,500,000 12,100,000 4400,000 120,000,000 8,000,000 5,100,000 4,000,000 16000,000 1,200,000 1,100,000 600,000 2,200,000 30,000,000 6,100,000 4,000,00 1,900,000 9,000,000 5,000,000 4,000,000 50,000,000 4,000,000 1500000 2.100000 1,000.000 700,000 3,100,000 Total Enterprise Fund 1 Enterprise Fund 2 Enterprise Fund 3 Enterprise Fund 4 Enterprise Fund 5 9,500,000 8,400,000 8,700,000 8,600,000 4,100,000 2,000,000 3,900,000 1,800,000 12,000,000 8,900,000 8,100,000 6,500,000 9,000,000 9,500,000 8,000,000 9,800,000 38,700,000 75.000,000 1380000 4.200.000450.00 Total