$5.$ The Westchester Unified School District began the previous $2023/24$ fiscal year

with $$5,500$ of office supplies on hand. During the fiscal year, it engaged in the

following transactions for office supplies............

$$ The district purchased office supplies at a cost of $$29,500,$

$$ It processed payments to vendors totaling $$27,000$ for the supplies, and

$$ The district used office supplies during the year costing $$28,000.$

The district uses the Consumption Method to account for inventories. The district$$s

CFO has asked you to prepare journal entries reflecting these transactions during theyear, as well as accounting for the changes in the district$$s year$-$end inventory

balance.