On January 1, 2025 Pharoah issued 870,000 of 9% serial bonds at par. Semiannual interest is payable on January 1 and July 1 and principle of $87000 matures each January 1 starting in 2026. The debt will be serviced in a special tax levy designed especially for this purpose. Therefore, transfers will be provided as needed from the Special Revenue Fund. The following transactions occurred relating to the Debt Service Fund. 2025: On June 29, a transfer of $39150 was received from the Special Revenue Fund. On July 1, The semiannual interest payment was made. On Dec 18, a Special Revenue Fund transfer of $21000 was received. 2026: Jan 1, a payment on bond principle and semiannual interest was made. 2035: Jan 2, accumulations in the Debt Service Fund amounted to $58000 in investments and $37000 in cash. The investments were liquidated at face value and the final interest and principal payment was made. Jan 4, Having served its purpose, the Debt Service Fund's remaining assets were transferred to the Special Revenue Fund. Prepare the journal entries necessary to record the foregoing transactions