Pebble city maintains a defined benefit pension plan for its employees. In a recent year, the city's consulting actuary calculated that the city's annual required contribution for the year was $6million. It's determination was consistent witht he GASB's requirements. The city records 50% of its payroll in its general fund and 50% in an enterprise fund. 1. During the year, the city contributed the entire $6 million to the pension fund. Prepare the pension journal entries that the city sohould make to record its pension contribution, enpenditure or expense, and obligation in all applicable funds. 2.Assume that the city contributed only $5.6million. Prepare the appropriate journal entries. 3. How can you justity the differences in the reported expenditures/expense between the two funds?