1. The city of Adamsville had the following transactions: a. Ordered new equipment for the Fire Department at a cost of $65,000. b. A $750,000 bond was issued to build a new building c. The equipment is received at an actual cost of $68,000. The invoice is paid. d. Property tax assessments are mailed to citizens. The total assessment is $500,000, of which city officials expect to collect 97%. e. The first bond payment of 30,000 is due, of which $5,000 represents interest. $30,000 is transferred from the General Fund to make the payment. The payment is made. Required: Prepare the journal entries for the government-wide financial statements and the fund-based financial statements. Indicate what fund the entry should be recorded in and what type of activity it is