In Fulbright County, the Culture and Recreation Department constructed a library in one of the county's high-growth areos. The construction was funded by a number of sources. Below is selected information related to the Library Capital Project Fund. Ali activity reloted to the library construction occurred within the current fiscal yeor. The county operates on o calendaryear bosis. Required Prepare a journal entry for copital projects fund and governmental activities at the govemment-wide level. (If no entry is required for a transection/event, select "No Journal Entry Required" in the first occount field.) 4. A construction contract was awarded in the amount of $6,800,000. \begin{tabular}{|l|l|l|l|l|} \hline 4 & Capital Projects Fund & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & Governmental Activeses! & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} 5. The ibrary was completed four months ahead of schedule. Total construction expendifures for tho library amounted to $6.890,000. When the project was completed, the cost of the library was allocated as follows $2,00,000 to land, $6,295,000 to buliding and the remainder to equpment 6. The captail projects fund temporary accounts were closed to fund Batance-Restacted. The resources are resthcted becouse they vere obtained from bonded debt isfued exclusively for lorary construction. The capila projects fund was closed by transfering remaining tinds to the debt sotvice fund for use in it trary consituction debtropayment