Cash of $90,000 is transferred from a city’s General Fund to start construction on a police station. The city issues a bond at its $1.8 million face value. The police station is built for $1.89 million. Prepare all necessary journal entries for these transactions for fund-based and government-wide financial statements. Assume that the city does not record the commitment. What information do the government wide financial statements present? What information do the fund-based financial statements present?