Need B & C please.

The following transactions relate to Newport City's special revenue fund. 1. In 2020. Newport City created a special revenue fund to help fund the 911 emergency call center. The center is to be funded through a legally restricted tax on cellular phones. No budget is recorded 2. During the first year of operations, revenues from the newly imposed tax totaled $530,000. Of this amount, $477,000 has been received in cash and the remainder will be received within 60 days of the end of the fiscal year: 3. Expenditures (salaries) incurred through the operation of the 911 emergency call center totaled $469,000. Of this amount. $438,515 was paid before year-end. 4. During the year the state government awarded Newport City a grant to reimburse the City's costs (not to exceed $180.000 ) for the purpose of training new 911 operators. During the year, the City paid $171,000 (not reflected in the expenditures abover to train new operators for the 911 emergency call center and billed the state government: 5. $157,000 of the amount billed to the State had been received by yearend Required: a. Prepare the joumal entries for the above transactions: it is not necessary to use control accounts and subsidiary ledgers. Prepare closing entries for year-end b. Prepare a Statement of Reventies, Expenditures, and Changes in Fund Balance for the special revenue fund. c. Prepare a Balance Sheet assuming there are no committed or assigned net resources