In Fulbright County, the Parks 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 2017 fiscal year.

Prepare journal entry for capital projects fund and governmental activities at the government-wide level.(If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

\f5. The libraryr was completed on June 1, 2017, four months ahead of schedule. Total construction expenditures forthe library amounted to $6,390,000. When the project was completed, the cost ofthe library was allocated as follows: $200,000 to land, $6,295,000 to building, and the remainder to equipment. 53 Capital Projects Fund 50 Record the completion of construction of the library. Record the payment upon completion of capital pr0ject 5 Gone mmental Activities Record the completion of COHSU'UCTIOH Of the library Record the capitalization of each item 6. The capital projects fund temporary accounts were closed to Fund BalanceRestricted. The resources are restricted because they were obtained from bonded debt issued exclusively for library constmction. The capital projects fund was ciosed by transferring remaining funds to the debt service fund for use in iibrary construction debt repayment. 0': EU Capital Projects Fund Close the temporary accounts to Fund BalanceRestricted. ii 0'! U Record the transfer to the debt service fund. 6C CTOSE the remaining temporary account [0 Fund Baiance-Restricted. Gouemmental Gd Activities