Prepare all the entries required in the Capital Projects Fund for the County for the following transactions and events. Assume that the bond anticipation notes meet the criteria for being treated as long-term debt. 1. The county issued $2,000,000 of 9-month, 10% bond anticipation notes on June 30, 20X3. The proceeds are to be used to begin construction of a recently approved addition to the county jail. 2. On July 10, the county signed a contract for $5,000,000 for construction of the addition. 3. The contractor billed the county $1,600,000 for work completed on the jail addition in 20X3.The county paid all but $100,000 of the amount billed. The balance is to be paid upon completion and approval of the project in 20X4. 4. December 31 is the end of the fiscal year for the county. No adjusting entry needed for interest because the BANs are general long-term liabilities. Therefore, no interest expenditures should be accrued. 5. The county issued $5,000,000 of 10-year, 8 percent bonds at par on March 31, 20X4. Bond issue costs of $50,000 were withheld from the proceeds. Interest and one-tenth of the principal are payable annually on the bonds. The bond proceeds are to be used to repay the bond anticipation notes and to finance construction of the jail addition. 6. On March 31, the county transferred $150,000 from the General Fund to the Jail Construction Fund to provide for payment of the interest on the bond anticipation notes. The notes and interest also were paid on that date. 7. In May the contractor billed the county $3,250,000 for the remainder of the work on the jail. The county approved the facility and paid the contractor all amounts owed. 8. The unused resources in the Jail Construction Fund were transferred on June 12, 20X4, to the fund that is to service the debt. 9. December 31 is the end of the fiscal year.