An Fulbright County, the Culture and Recreation Department constructed a library in one of the county's high-growth areas. The construction was funded by a number of sources. Below is selected information related to the Library Capital Project Fund. All activity related to the library construction occurred within the current fiscal year. The county operates on a calendar-year basis Required Prepare a journal entry for capital projects fund and governmental activities at the government-wide level. (If no entry is required for a transactionlevent, select "No Journal Entry Required in the first account field.) Transaction Fund Governmental Activies General Journal Debit Credit 1. The county issued 57 100,000 of 6 percent bonds with interest payable semiannually on January 1 and July 1 The bonds sold for 101 on February 1. Proceeds from the bonds were to be used for construction of the library with all interest and premiums received to be used to service the debt issue Assume the premium and interest are recorded directly in the debt service fund 1 Capital Projects Fund Governmental Activities 2 A 5760 000 federal grant was received to help finance construction of the library 2 Capital Projects Fund Governmental Activities