Prepare a statement of revenues, expenditures, and changes in fund balance for the Ahmed Village Park Improvement Capital Projects Fund for 20X7, given the following information:

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Fund balance, January 1, 20X7 Intergovernmental grant revenue Interest revenue ...... Increase in fair value of investments Construction costs incurred under contract with Builtwell Co... Architect fees Engineering fees Bond proceeds (face amount was $1,000,000) Bond issuance costs Purchase of land Repayment of bond anticipation notes treated as long-term debt: Principal.. Interest. Transfer from General Fund Construction contracts outstanding at, year-end. $2,000,000 850,000 30,000 3.000 2,400,000 32,000 17,000 1,008,000 5,000 92,000 600,000 3,500 250,000 450,000