On January 1, 20X5, Wheatland County decided to create an investment pool that will include the Town of Saratoga, Wheatland County School Board, Wheatland County General Fund, and the City of Powell. Each govermmental entity will contribute the following items for the investment trust fund that will be created. WHEATLAND COUNTY INFORMATION FOR INVESTMENTS MADE BY VARIOUS GOVERNMENTAL ENTITIES IN WHEATLAND COUNTY INVESTMENT TRUST FUND Fair Value of Investment on Investment Made January 1, 20x5 Wheatland County General Fund Town of Saratoga Wheatland County School Board City of Powell Cash U. S. Treasury Bills Certificates of Deposit Cash 2,500,000 600,000 1,200,000 700,000 The attached transactions took place during the year that affected the investment trust fund. Under the rules of the investment trust fund, earnings will be distributed to participants based upon the lance in their accounts at the time the earnings are received or accrued. REQUIRED: (1) Prepare a schedule to show the percentage interest that each participant has in the investment trust fund after the investments made on January 1, 20xs. Prepare all general journal entries required for the Wheatland County Investment Trust Fund based upon the above information. Use the letter of the transaction as the date. Omit explanations. Prepare all general journal entries required for the Wheatland County General Fund for their investment in the investment pool based upon the above information. Use the letter of the transaction as the date. Omit explanations. (2) (3) (4) Prepare a Statement of Fiduciary Net Position for the investment trust fund at December 31, 20X5