Prepare the journal entries to record the following transactions in an Investment Trust Fund for Seggen County during the calendar year 2013. 1. Turtle Creek and Pineview contributed $60,000 and $40,000, respectively, to an Investment Trust Fund operated by Seggen County during 2013. 2. Investments totaling $75,000 were purchased. 3. Income from the investments during the year totaled $8,000. 4. The fund paid $1,500 to the county for investment management fees. 5. The investments increased in value by $3,000. 6. Income of $10,000 was paid to the two cities, based on the relative amount of their initial investment.