Please answer number 3 only. Thank you

4-2. The Village of Seaside Pines prepared the following General Fund Trial Balance as of December 31, 2017, the last day of its fiscal year. Control accounts are used for budgetary entries Debits Credits Accounts Payable $ 19,000 Allowance for Uncollectible Taxes 12,000 494,000 5,000 Appropriations (Control) Budgetary Fund Balance Cash $175,000 Deferred Inflows-Property Taxes 38,000 page 110 Due from Capital Projects Fund 5,000 Due to Debt Service Fund 17,000 Encumbrances 63,000 Estimated Revenue (Control) 534,000 Estimated Other Financing Uses (Control) General Government Expenditures 35,000 195,000 Other Revenues 55,000 Property Tax Revenue Public Safety Expenditures Budgetary Fund Balance 491,000 238,000 Reserve for Encumbrances 63,000 Supplies Inventory Tax Anticipation Note Payable 24,000 100,000 Taxes Receivable 202,000 Transfer Out (to Internal Service Fund) 33,000 Fund Balance 140,000 Totals $1,469,000 $1,469,000 1. Prepare the closing entries for December 31. (It is not necessary to use control accounts and subsidiary ledgers.) 2. Prepare the Statement of Revenues, Expenditures, and Changes in Fund Balance for the General Fund for the year ended December 31 3. Prepare the Fund Balance section of the December 31 Balance Sheet assuming there are no restricted or committed net res outstanding encumbrances are for capital additions ources and the