a. During the previous year, a local government decided to construct sidewalks for a neighborhood. Estimated cost is $600,000. The project is to be funded mostly with special assessment bonds that are to be issued this year. Any remaining balance is to be paid by the government from its General Fund. Property owners are to be assessed an amount sufficient to pay both the principal and the interest on the bonds. During the current year, the government engaged in the following transactions, all of which are recorded in a Capital Projects Fund. Using good form, prepare the current year journal entries to record these transactions in the Capital Projects Fund. It issued $500,000 in bonds (face value) at a premium of $55,000 and incurred $75,000 in issue costs. b. The General Fund promised the Capital Project Fund to make up the $20,000 deficiency. It invested $320,000 in short-term (less than one year) securities. d. It issued purchase orders and signed construction contracts totaling $590,000. It sold investments that originally cost $200,000 for $245,000, the excess of selling price over cost representing interest earned. f. It paid invoices from the construction contractor totaling $340,000. g. As promised in part "b", the Capital Projects Fund received $20,000 from the General Fund to make up the deficiency that resulted from the bond issuance. h. By year-end, the investments still on hand had increased in value by $35,000, an amount attributable to interest earned. c. e