Exercise 5-25 (Static) Multiple-Project Fund Transactions [LO 5-2, 5-4, 5-5 ] During FY 2023 , the voters of Surprise County approved construction of a $21 million police facilfy and an $11 million fire station to accornmodate the county's population growth. The construction will be financed by tax-supporied bonds in the amiount of $30 million, a $1 million economic stimulus grant, and a portion of future use tax revenues. During 2023 , the following events and transactions occurred Required a. Prepare journal entries to record the the following transactions in a single Surprise County Construction Fund, in a capital projects fund, and in the governmental activities general journal at the government-wide level. (If no entry is required for a transoction/event, select "No Journal Entry Required" in the first account field. Enter your onswers in whole dollar amounts and not in mililions.) 3. Entered into a construction contract for $32 milion- $21 million was for the police facility and $11 million was related to the fire station. 5. Paid ofl the bond anticipation notes that had been outatanding 180 days (interest han axponditure of the captal projects fund) Prav 22 of 23 iti Next > 5. Paid off the bond anticipation notes that had beon outtanding 180 days. (Interest is an expencitue of the capital projects fund ) 6. An imvice for 516 malian was recelved from the contractor for a porfion of police fackly construction (\$10 mition) and fire stalion construction (\$5 million) Record the construction Work-n-propreis of the police facility and the Fre otation. 7. Haf of the grant fund were recenved in cest Prov 22 of 23 ili Noxt > 7. Hali of the grant funds were recelvod in cash. 9. The fire station was completed, and a final invoice for the remaining 55 million was received. All fire station construction charges incurred can be capitalized as buildings: 10 Following inspection, the fire station invoices were paid in full 10. Following hispection, the fire station invoices were paid in full