On December 31, the city of Vane paid a contractor $3 million for the total cost of a new municipal annex built during the year on city-owned land. Financing was provided by a $2 million general obligation bond issue sold at face amount on December 31, with the remaining $1 million transferred from the general fund. If this project was accounted for in a capital projects fund, the transfer is reported in the government-wide statement of activities as A special item. A transfer. An elimination. A net residual amount