Indicate the proper accounting classification of the independent situations listed in the table below relating to each transaction the City of Arch. Assume all amounts are material and occurred in Year 1 'no amount is recorded, enter a zero (0). In each column, indicate the amount of the transaction in Year 1 within the appropriate classification in each fund financial statement section or line item. E C A Deferred Deferred Expenditures /Expenses Situation Revenues Outflow Inflow 123 123 123 1. Debt issue costs of $15,000 associated with the City's 2 $2,500,000 in water and sewer revenue bonds. 123 123 123 123 2. Occupational licenses of $100,000 billed by the General Fund 3 in Year 1 and used for code enforcement in Year 2. 123 123 123 3. Tax assessments of $5,000,000 billed by the General Fund at the beginning of Year 1 of which $4,500,000 was collected during Year 1 and $200,000 was collected during the first two months of Year 2. The remaining $300,000 was collected in the final ten months of Year 2 123 4 123 123 123 4. Fees to operate the City's public parks for four years in the amount of $500,000 were paid to the city by Recreation Management, Inc., an independent vendor, at the beginning of Year 1. Recreation Management is able to retain admission and usage fees from the operation of the park in compensation for their services 5 123 123 5. Water and Sewer debt of $5,000,000 issued at 99 in the prior 6 123 123 year was fully refunded at 102 Year 1 123 123 123 12 6. The estimated pension liability for water and sewer fund