Required information The foowing information appies to the questions displayed below. Residents of Green Acres, a gated community located in the City of Foothills, voted to form a local mprovement district to fund the construction of a neighborhood park. The city agreed to administer the bonded debt; however, residents of Green Acres are solely responsible for repaying the bond issue. The following events are related to the speclal assessment park debt for the current fiscal year: 1 On January 1, the city assessed levies totaling $6,100,000 on properties within Green Acres. The levies are payable in 10 equal annual Installments due at the end of the fiscal year, beginning in the current year with 3 percent Interest due on unpaid Insta ments. 2. All assessments associated with the current year's Installment were collected by December 31, as was the interest due on the unpaid Installments. A portion of assessments recelvable equal to next years nstallment of $610,000 was reclassified as current. debt deductions can be aggregated because resources are held less than three months 3. On December 31, the first principal payment of $610,000 was made to bondholders, as was Interest on the 4. All addltions and deductions were recorded by the custodial fund. Assume that all addltions and b. Prepare journal entries for each of the foregoing events for the city. (If no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) View transaction list A Record the amount due to the special assessment bondholders. B Record the amount collected against assessment and interest paya C Record the installment for 2018 reclassified as current D Record the l and interest paid to the bondholders. E Record the additions and deductions by the custodial fund Note: -journal entry has been entered Record entry View general journal Clear entry