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The year-end pre-closing trial balance for the Woodland Park Capital Projects Fund is provided below. Debits Credits Cash $ 727,000 Grant Receivables 500,000 Investments 1,800,000 Contracts Payable $1,608,500 Contracts Payable-Retained Percentage 61,500 Encumbrances Outstanding 1,375,000 Revenues 607,880 Encumbrances 1,375,000 Construction Expenditures 3,650,000 Other Financing Sources-Proceeds of Bonds 4,200,000 $7,252,000 $7,252,600 Required a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. b. Prepare the year-end balance sheet. Assume that all fund balances are restricted. c. Has the capital project been completed? Required A Required B Required Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. Woodland Park Capital Projects Fund Statement of Revenues, Expenditures, and Changes in Fund Balances Required A Required B Required C Prepare the year-end statement of revenues, expenditures, and changes in fund balances Woodland Park Capital Projects Fund Statement of Revenues, Expenditures, and Changes in Fund Balances For the Year End Revenues Expenditures: Excess of Revenues Over (Under) Expenditures Other Financing Sources: Excess of Revenues and Other Financing Sources Over Expenditures Fund Balances, Beginning Fund Balances, Ending Required A Required B > Required A Required B Required C Prepare the year-end balance sheet. Assume that all fund balances are restricted. Woodland Park Capital Projects Fund Balance Sheet For the Year End Assets: Cash Grant Receivables Investments Total Assets Liabilities and Fund Balances: Contracts Payable Contracts Payable-Retained Percentage Total Liabilities Fund Balance-Restricted Total Liabilities and Fund Balances Construction Expenditures Other Financing Sources-Proceeds of Bonds 3,650,000 4,200,000 $7,252,000 $7,252,000 Required a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the ca b. Prepare the year-end balance sheet. Assume that all fund balances are restricted. c. Has the capital project been completed? Required A Required B Required C Has the capital project been completed? Has the capital project been completed?