On July 1,2019 , the Morgan County School District received a $66,000 gift from a local civic organization with the stipulation that, on June 30 of each year, $5,100 plus any interest earnings on the unspent principal be awarded as a college scholarship to the high school graduate with the highest academic average. A private-purpose trust fund, the Civic Scholarship Fund, was created. 1. On July 1, 2019, the gift was received and immediately invested. 2. On June 30,2020,$5,100 of the principal was converted into cash. In addition, $4,100 of interest was received. 3. On June 30 , the $9,200 was awarded to a student who had maintained a 4.0 grade point average throughout each of her four years. 4. The nominal accounts were closed. Required: a. Record the above transactions on the books of the Civic Scholarship Fund. b. Prepare a Statement of Changes in Fiduciary Net Position for the Civic Scholarship Fund for the year ended June 30 , 2020. Complete this question by entering your answers in the tabs below. Record the above transactions on the books of the Civic Scholarship Fund. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 5 On July 1, 2019, the gift was received and immediately invested. Record the entry for receipt of the cash gift. Note: Enter debits before credits