Prepare a statement of revenues, expenditures, and changes in fund balance for the City of Solomon Capital Projects Fund for 2020, given the following information: Account Title Fund balance, January 1, 2020 Intergovernmental grant revenue Interest Revenue Increase in fair value of investments Construction expenditures Architect fees Engineering fees Amount 2,000,000 850,000 30,000 3,000 2,400,000 32,000 17,000 Bond proceeds (face amount was $1,000,000) 1,008,020 Bond issuance costs Purchase of Land Repayment of bond notes (long-term debt) Principal Interest Revenue Transfer from General Fund 5,000 92,000 600,000 3,500 250,000 Construction contracts outstanding at year end 450,000