Journal entries for an Investment Trust Fund The Investment Trust Fund for Watson County had the following transactions and events during the calendar year 2022: 1. The cities of Turtle Creek and Pineview contributed $120,000 and $80,000 respectively, to an Investment Trust Fund operated by Watson County. 2. Investments totaling $150,000 were purchased. 3. Interest income from the investments during the year totaled $16,000. 4. The fund paid $3,000 to the county for investment management fees. 5. The investments increased in value by $6,000. 6. Total income of $20,000 was paid to the two cities. Prepare journal entries to record the transactions and events above for the Investment Trust Fund. If an entry affects more than one debit or credit account, enter the accounts in order of magnitude (largest to smallest balances), debits first. \begin{tabular}{|l|} \hline \multicolumn{1}{|c|}{ Account } \\ \hline \\ \hline To record contributions. \\ \hline To record purchase of investments \\ \hline \\ \hline To record interest income received. \\ \hline \\ \hline To record payment of management fees. \\ \hline \\ \hline To record change in fair value of investments \\ \hline \end{tabular}