1. Congress passed a spendlng bill providing $17,500,000 to fund the agency's operations for the year. 2. During the first quarter the commission processed the following items for payment (all Items were paid by Treasury in the first quarter). 3. Unpald wages at the end of the quarter totaled $40,000. 4. In addition to the items paid In Item 2 , the commission recelved supplies of $27,000 and contracted services of $85,000 that are to be processed for payment in January. 5. Unused supplles on hand totaled $244,000 at December 31 . 6. Depreclation for the quarter is $90,000. Required: a. Prepare journal entrles in the proprletary accounts for the events described above. b. Prepare a Statement of Changes in Net Position for the quarter ended December 31. (Assume the amount of appropriations used is $3,984,000. c. Prepare a Balance Sheet as of December 31. Prepare a Statement of Changes in Net Position for the quarter ended December 31 . (Assume the amount of appropriations used is $3,984,000.) (Deductions should be entered with a minus sign.) Prepare a Balance Sheet as of December 31