The City of Scarmont manages $200,000 in securities given to it in trust by the Citizens for City Be

The City of Scarmont manages $200,000 in securities given to it in trust by the Citizens for City Beautification (CCB), a not‐for‐profit organization. Each year, the CCB receives proposals for beautification projects from various individuals and groups and selects two to three projects for funding. The City is responsible for managing the investment and disbursing the funds in accordance with the CCB request. The City accounts for the securities in a separate fund.
During the year, the City received $10,000 in investment earnings on the securities, $1,000 of which was related to earnings from the previous year, which were not received 60 days after the fiscal year end. At the end of the year, the market value of the securities was $208,000. How much revenue should be recognized in the fund in conjunction with these activities?