7-1. (CPF Journal EntriesBlue Earth County, Montana) Record the following transactions in the Building and Capital Purchases Capital Projects Fund of Blue Earth County, Montana, for the year ended December 31, 20X6. Levied property taxes of $4,385,559 that are restricted for general government capital projects. Of the total amount, $150,000 is expected to be uncollectible. Collected $4,135,559 before the due date for taxes. The balance of the property taxes became delinquent. Issued $4,000,000 (face amount) of bonds at a premium of $33,479. Bond issue costs of $33,815 were paid. Received the General Fund contribution to the building projects, $3,223,980. Signed contracts on building projects totaling $9,500,000. Incurred construction costs under contr