The adjusted trial balance for White Rabbit for the fiscal year ended June 30, 20X1, is presented below. Cash Prop Taxes Receivable Debits Credits 2,000 30,000 Allowance for Uncollectible Taxes 2,000 Vouchers Payable 4,000 Due to Internal Service Fund 3,000 Fund Balance, Assigned for Encumbrances 1,000 Fund Balance, Unassigned 11,000 Expenditures 136,000 Transfer in from Debt Service Fund 2,000 Prop Tax Revenues 145,000 APPROPRIATIONS CONTROL 140,000 ESTIMATED REVENUE CONTROL 150,000 BUDGETARY FUND BALANCE, UNASSIGNED 10,000 Totals 318,000 318,000 Required: a. Prepare a statement of revenues, expenditures, and changed in fund balance for White Rabbit for the year ended June 30, 20X1. Assume there were no supplies or outstanding encumbrances at the beginning of the year. b. Prepare a balance sheet for White Rabbit at June 30, 20X1. c. What is the amount of the governmental spending authority left at end of year? d. Is the variance with the budget favorable or unfavorable? e. Assume that on the last day of the fiscal year, a purchase order for $10,000 was received. How would this be accounted for? Would any of the year-end financial statements change? Remember: the last 3 accounts on the above are budgetary accounts! Note: the above trial balance already has expenditures and revenues posted-you don't need to do journal entries!