Based upon the information below, for a governmental fund calculate the amount of revenues for the year using the modified accrual basis of accounting, assuming all deferred revenues are related to receivables where beginning AR is $40,000, beginning deferred revenue is $22,000, Receipts are $250,000, Ending AR is $50,000, Ending deferred revenues are $35,000

A) $265,000
B) $257,000
C) $245,000
D) $230,000