Oliver City reported capital assets of $$3,225,000$ and accumulated depreciation of $$1,500,000$

in the governmental activities column of its government$-$wide statement of net position for the year

ended December $31,2021.$ The total governmental funds column in Oliver$$s calendar year $2022$

statement of revenues, expenditures, and changes in fund balances showed that Oliver$$s capital outlay

expenditures were $$255,000.$ Oliver City$$s director of finance estimated that total depreciation for $2022$

was $$150,000.$

Based on the above information, prepare journal entries to adjust Oliver$$s $2022$ fund financial

statements so government$-$wide statements can be prepared.

Enter accounts in order of magnitude $($largest to smallest amounts$),$ debits first.

If no entry is necessary, select $\text{'}$No debit $($or credit$)$ entry needed' in the account fields and

enter $0$ in the amount fields.