Please answer the following:

Current Attempt in Progress Bonita issued an 9%,10-year $1,900,000 bond to build a monorail mass transit system. The city received $1,676,209 cash from the bond issuance on January 1, 2025. The bond yield is 11%. Interest is paid annually on December 31 of each year. Disclosure information about capital assets is reported below. Depreciation expense charged to governmental activities as follows: Depreciation expense charged to governmental activities as follows: Bonita's governmental funds financial statements are as follows: Question 1 of 3 \begin{tabular}{|c|c|c|c|c|} \hline & & \begin{tabular}{l} Capital \\ Projects \\ Fund \end{tabular} & \begin{tabular}{l} Debt \\ Service \\ Fund \end{tabular} & \begin{tabular}{c} Total \\ Governmental \\ Funds \end{tabular} \\ \hline Assets & \begin{tabular}{l} General \\ Fund \end{tabular} & \begin{tabular}{c} Monorail \\ Fund \end{tabular} & \begin{tabular}{l} Term Bond \\ Fund \end{tabular} & \\ \hline Cash & $65,000 & $300,000 & $ & $365,000 \\ \hline Interest Receivable & & 13,000 & 5,000 & 18,000 \\ \hline Investments & 100,000 & 1,240,000 & 100,000 & 1,440,000 \\ \hline Property Tax Receivable & 182,000 & & & 182,000 \\ \hline Total Assets & $347,000 & $1,553,000 & $105,000 & $2,005,000 \\ \hline \multicolumn{5}{|l|}{ Liabilities and Fund Balance } \\ \hline Vouchers Payable & $74,000 & $51,000 & & $125,000 \\ \hline Total Liabilities & $74,000 & $51,000 & $ & $125,000 \\ \hline \end{tabular} Fund Balances: Question 1 of 3 \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|l|}{ Restricted for: } \\ \hline Capital projects & & 1,502,000 & & 1,502,000 \\ \hline Debt Service & & & 105,000 & 105,000 \\ \hline Assigned for encumbrance & 193,000 & & & 193,000 \\ \hline Unassigned & 80,000 & & & 80,000 \\ \hline Total Fund Balance & 273,000 & 1,502,000 & 105,000 & 1,880,000 \\ \hline \multicolumn{5}{|l|}{ Total Liabilities and Fund } \\ \hline Balances & $347,000 & $1,553,000 & $105,000 & $2,005,000 \\ \hline \end{tabular} Bonita Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the Year Ended December 31, 2025 \begin{tabular}{cccc} Capital & Debt & Total \\ & Projects & Service & Governmental \\ & Fund & Fund & Funds \\ \hline \end{tabular} Question 1 of 3 /1 \begin{tabular}{|c|c|c|c|c|} \hline & \begin{tabular}{l} General \\ Fund \end{tabular} & \begin{tabular}{l} Monorail \\ Fund \end{tabular} & Term Bond & \\ \hline \multicolumn{5}{|l|}{ Revenues } \\ \hline Property Taxes & $525,000 & & $50,000 & $575,000 \\ \hline Licenses and Permits* & 150,000 & & & 150,000 \\ \hline State Grant-highways and streets & 250,000 & $1,000,000 & & 250,000 \\ \hline Intergovernmental-state grant & & & & 1,000,000 \\ \hline \begin{tabular}{l} Charges for Services (general \\ government) \end{tabular} & 130,000 & & & 130,000 \\ \hline Investment Earnings & 75,000 & & & 75,000 \\ \hline Total Revenue & $1,130,000 & $1,000,000 & $50,000 & $2,180,000 \\ \hline \multicolumn{5}{|l|}{ Expenditures } \\ \hline Public Safety & $500,000 & & & $500,000 \\ \hline General Government & 300,000 & & & 300,000 \\ \hline \end{tabular} Question 1 of 3 \begin{tabular}{|c|c|c|c|c|} \hline Highways and Streets & 130,000 & & & 130,000 \\ \hline Sanitation & 70,000 & & & 70,000 \\ \hline Debt Service Interest & & & $171,000 & 171,000 \\ \hline Capital Outlay & & $1,510,000 & & 1,510,000 \\ \hline Total Expenditures & $1,000,000 & $1,510,000 & $171,000 & $2,681,000 \\ \hline \begin{tabular}{l} Excess (deficiency) of \\ revenues over expenditures \end{tabular} & $130,000 & ($510,000) & ($121,000) & ($501,000) \\ \hline \multicolumn{5}{|l|}{ Other Financing Sources (Uses) } \\ \hline \multicolumn{5}{|l|}{ Proceeds from long-term } \\ \hline capital debt & & $1,676,209 & & $1,676,209 \\ \hline Transfers in & & & $171,000 & 171,000 \\ \hline Transfers out & $(171,000) & & & (171,000) \\ \hline Total other & $(171,000) & $1,676,209 & $171,000 & $1,676,209 \\ \hline \end{tabular} Functions/Programs Expenses (a) Services Contributions Primary Government Governmental Activities Public Safety General Government Highways and Streets Sanitation Interest on Long-term Debt Total Governmental Activities Total Primary Government $ $ $ $ - $ Question 1 of 3 /1 Expenses (a) Services Contributions Activities $ $ $ $ $ $ $ Question 1 of 3 Question 1 of 3 Liabilities and Fund Balance Payables Long-term Liabilities Total Liabilities Net Position Investment in Capital Assets Unrestricted Net Position Restricted for Debt Service Total Fund Balance Total $ $ $ $ $ $ $ $ $ $ Current Attempt in Progress Bonita issued an 9%,10-year $1,900,000 bond to build a monorail mass transit system. The city received $1,676,209 cash from the bond issuance on January 1, 2025. The bond yield is 11%. Interest is paid annually on December 31 of each year. Disclosure information about capital assets is reported below. Depreciation expense charged to governmental activities as follows: Depreciation expense charged to governmental activities as follows: Bonita's governmental funds financial statements are as follows: Question 1 of 3 \begin{tabular}{|c|c|c|c|c|} \hline & & \begin{tabular}{l} Capital \\ Projects \\ Fund \end{tabular} & \begin{tabular}{l} Debt \\ Service \\ Fund \end{tabular} & \begin{tabular}{c} Total \\ Governmental \\ Funds \end{tabular} \\ \hline Assets & \begin{tabular}{l} General \\ Fund \end{tabular} & \begin{tabular}{c} Monorail \\ Fund \end{tabular} & \begin{tabular}{l} Term Bond \\ Fund \end{tabular} & \\ \hline Cash & $65,000 & $300,000 & $ & $365,000 \\ \hline Interest Receivable & & 13,000 & 5,000 & 18,000 \\ \hline Investments & 100,000 & 1,240,000 & 100,000 & 1,440,000 \\ \hline Property Tax Receivable & 182,000 & & & 182,000 \\ \hline Total Assets & $347,000 & $1,553,000 & $105,000 & $2,005,000 \\ \hline \multicolumn{5}{|l|}{ Liabilities and Fund Balance } \\ \hline Vouchers Payable & $74,000 & $51,000 & & $125,000 \\ \hline Total Liabilities & $74,000 & $51,000 & $ & $125,000 \\ \hline \end{tabular} Fund Balances: Question 1 of 3 \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|l|}{ Restricted for: } \\ \hline Capital projects & & 1,502,000 & & 1,502,000 \\ \hline Debt Service & & & 105,000 & 105,000 \\ \hline Assigned for encumbrance & 193,000 & & & 193,000 \\ \hline Unassigned & 80,000 & & & 80,000 \\ \hline Total Fund Balance & 273,000 & 1,502,000 & 105,000 & 1,880,000 \\ \hline \multicolumn{5}{|l|}{ Total Liabilities and Fund } \\ \hline Balances & $347,000 & $1,553,000 & $105,000 & $2,005,000 \\ \hline \end{tabular} Bonita Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the Year Ended December 31, 2025 \begin{tabular}{cccc} Capital & Debt & Total \\ & Projects & Service & Governmental \\ & Fund & Fund & Funds \\ \hline \end{tabular} Question 1 of 3 /1 \begin{tabular}{|c|c|c|c|c|} \hline & \begin{tabular}{l} General \\ Fund \end{tabular} & \begin{tabular}{l} Monorail \\ Fund \end{tabular} & Term Bond & \\ \hline \multicolumn{5}{|l|}{ Revenues } \\ \hline Property Taxes & $525,000 & & $50,000 & $575,000 \\ \hline Licenses and Permits* & 150,000 & & & 150,000 \\ \hline State Grant-highways and streets & 250,000 & $1,000,000 & & 250,000 \\ \hline Intergovernmental-state grant & & & & 1,000,000 \\ \hline \begin{tabular}{l} Charges for Services (general \\ government) \end{tabular} & 130,000 & & & 130,000 \\ \hline Investment Earnings & 75,000 & & & 75,000 \\ \hline Total Revenue & $1,130,000 & $1,000,000 & $50,000 & $2,180,000 \\ \hline \multicolumn{5}{|l|}{ Expenditures } \\ \hline Public Safety & $500,000 & & & $500,000 \\ \hline General Government & 300,000 & & & 300,000 \\ \hline \end{tabular} Question 1 of 3 \begin{tabular}{|c|c|c|c|c|} \hline Highways and Streets & 130,000 & & & 130,000 \\ \hline Sanitation & 70,000 & & & 70,000 \\ \hline Debt Service Interest & & & $171,000 & 171,000 \\ \hline Capital Outlay & & $1,510,000 & & 1,510,000 \\ \hline Total Expenditures & $1,000,000 & $1,510,000 & $171,000 & $2,681,000 \\ \hline \begin{tabular}{l} Excess (deficiency) of \\ revenues over expenditures \end{tabular} & $130,000 & ($510,000) & ($121,000) & ($501,000) \\ \hline \multicolumn{5}{|l|}{ Other Financing Sources (Uses) } \\ \hline \multicolumn{5}{|l|}{ Proceeds from long-term } \\ \hline capital debt & & $1,676,209 & & $1,676,209 \\ \hline Transfers in & & & $171,000 & 171,000 \\ \hline Transfers out & $(171,000) & & & (171,000) \\ \hline Total other & $(171,000) & $1,676,209 & $171,000 & $1,676,209 \\ \hline \end{tabular} Functions/Programs Expenses (a) Services Contributions Primary Government Governmental Activities Public Safety General Government Highways and Streets Sanitation Interest on Long-term Debt Total Governmental Activities Total Primary Government $ $ $ $ - $ Question 1 of 3 /1 Expenses (a) Services Contributions Activities $ $ $ $ $ $ $ Question 1 of 3 Question 1 of 3 Liabilities and Fund Balance Payables Long-term Liabilities Total Liabilities Net Position Investment in Capital Assets Unrestricted Net Position Restricted for Debt Service Total Fund Balance Total $ $ $ $ $ $ $ $ $ $