44. (Budgetary transactions and events) Prepare journal entries to record the following transactions and events that occurred in the village of Kowitt Gorge during the calendar year 2022: 1. The village commissioners adopted the following budget: 2. The village received, in cash, property taxes of $1,840,000 and all other revenues of $295,000. 3. The village made cash payments, charging the following appropriations: 4. The administrator of fringe benefits received an invoice for police employee health insurance in the amount of $95,000, together with a letter from the insurance provider, explaining that the large increase was caused by a change in federal laws. The invoice could not be paid because the Police-fringe benefits appropriation had a balance of only $60,000 (appropriation of $450,000 minus expenditures in item 3 of $390,000 ). As a result, the village commissioners amended the budget as follows: 4. The administrator of fringe benefits received an invoice for police employee health insurance in the amount of $95,000, together with a letter from the insurance provider, explaining that the large increase was caused by a change in federal laws. The invoice could not be paid because the Police - fringe benefits appropriation had a balance of only $60,000 (appropriation of $450,000 minus expenditures in item 3 of $390,000 ). As a result, the village commissioners amended the budget as follows: 5. The village paid the invoice for $95,000, referred to in item 4 above, charging the appropriation for police-fringe benefits. 6. The police department placed PO 2022a for firearms in the amount of $30,000 and PO 2022b for uniforms in the amount of $20,000, all charged to the appropriation for police-supplies. 7. After receiving PO 2022a, the supplier notified the police department that a change in the design of the weapons would increase the cost to $32,000. The department sent the supplier an amended PO, increasing it by $2,000. 8. The police department received the uniforms ordered on PO 2022b, together with an invoice for $20,000. The department approved the invoice for payment