5. The City of M' applied for a competitive grant from the State government for park improvements such as upgrading hiking trails and bike paths. On May 1, 2018, the City was notified that it had been awarded a grant of OMR 100,000 for the program, to be received in two installments on July 1, 2018, and July 1, 2019. The grant stipulates that OMR 50,000 is for use in the each of the City's fiscal years ending June 30, 2019 and June 30, 2020. Any amounts not expended during FY 2018 can be carried over for use in FY 2019. During FY 2018, the City expended OMR 45,000 for park improvements from grant resources. Required: For the special revenue fund, provide the appropriate journal entries, if any that would be made for the following: May 1, 2018, notification of grant approval. b. July 1, 2018, receipt of first installment of the grant. During FY 2018 to record the expenditure under the grant. c