A government has $10 million of 20-year general obligation bonds outstanding. The bonds bear interest of 8% per year, payable semiannually each April1 and September 1. In addition, principal payments of $500,000 are due on September 1. The debt being accumulated for eventual retirement of the principal. Assume December 31 is the end of the fiscal year. Record the following transactions in the Debt Service Fund. 1. Received a transfer from the General Fund to provide for the April 1 interest payment, $400,000. 2. Paid the Apritl 1 interest payment when due, $400,000. 3. Recelved a transfer of the remaining assets of a terminated Capital Projects Fund, $560,000. 4. Received a second transfer from the General Fund, $850,000. 5. Received interest on investments of the fund, $100,000. 6. Paid the September 1 interest payment, $400,000 and principal payment of $500,000. 7. The fair value of the Debt Service Fund investments increased during the year by $45,000. 8. Accounts are closed