2. General Capital Assets. Make all necessary entries in the appropriate governmental fund general journal and the governmentwide governmental actrvities general journal for each of the following transactions entered into by the City of Loveland: The city received a donation of land that is to be used by Parks and Recreation to develop a public park. At the time of the donation, the land had a fair value of $5J2003000 and was recorded on the donor's books at a historical cost of $4,500,000. The Public \"inks Department sold machinery with a historical cost of $35,100 and acctnnulated depreciation of $209110 for $6,400. The machinery had originally been purchased with special revenue funds. A car was leased for the mayor's use. Since the term of the lease exceeded ?5 percent of the useful life of the car, the lease was capitalized. The first payment was $550 and the present value of the remaining lease payments was $30,000