14. [Para. 5a-141 The city enginea approved the final construction on the Elm Street Project, and the city paid the retained percffitage (Tyansactions g and 11) to the contractor. Required: Record this ffansaction in both the Street Improv a-nent Fund and gov anrnental activities journals. Total constiuction costs for the Elm Street Project shauid be capitalized in the Infrastructure account in gov ernmental activities.