During 2023, the city of East Brunswick awards a $100,000 grant to a not-for-profit organization to be used for the acquisition of equipment. The grant is to be paid by East Brunswick as the organization incurs and documents allowable costs. By year-end, the not-for-profit organization has submitted claims for $75,000, of which the city has paid $60,000. The city expects to pay the $15,000 balance of submitted claims during January of 2024, and the additional $25,000 grant balance by April of 2024. What journal entry(ies) should the city of East Brunswick make during 2023 related to the awarded grant?