Required intormation The following information applies to the questions displayed below] As of December 3t, 2022. Sandy Beach had $9,400,000 in 4.5 percent serial bonds outstanding. Cash of $434,000 is the debt service fund's only asset as of December 31,2022, and there are no llabilities. The serial bonds pay interest semiannually on January 1 and July 1 with $500.000 in bonds being retired on each interest payment date Pesources for payment of interest are transferred from the General Fund, and the debt service fund levies property taxes in an amount surficient to cover principal payments. Required c. Piepare a batunce sheet for the debt service fund as of December 31, 2023