1. a. On Feb. 23, 1981, the town of Lincoln, which operates on the calender year, issued 4% general obligation bonds with a face value of $300,000 payable Feb 23, 1991, to finanace the construction of an addition to the city hall. Total proceeds were $308,000. b. On Dec. 31, 1981 the addition to the city hall was officially approved, the full cost of $297,000 was paid to the contractor. Prepare Journal Entries for the government based on the production of fund-based financial statements. Than prepare JE entries in anticipation of preparing governement-wide financial statements. Before each JE for fund-based reporting, indicated in which JE will be recoreded