The Albertville City Council decided to pool the Investments of Its General Fund with Albertville Schools and Richwood Township in an Investment pool to be managed by the city. Each of the pool participants had reported its Investments at fair value as of the end of 2019. At the date of the creation of the pool, February 15, 2020, the fair value of the investments of each pool participant was as follows: City of Albertville General Fund Albertville Schools Richwood Township Total Investments 12/31/19 2/15/20 $ 890,000 $ 900,000 4,200,000 4,230,000 3,890,000 3,870,000 $8,980,000 $9,000,000 c. Record the June 15 Increase in each of the participant's funds. On June 15, Richwood Township decided to withdraw $3.010,000 fo a capital projects payment. At the date of the withdrawal, the fair value of the Treasury notes had increased by $30,000. Assume that the trust fund was able to redeem the CDs necessary to complete the withdrawal without a penalty but did not receive Interes on the funds. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) Debit Credit Transaction Fund General Journal 1. Record the June 15 increase in each of the participant's funds. City of Albertville General Fund Equity in Pooled Investments RevenuesInvestment Eamings 1 3,000 3.000 Albertville Schools 14.100 Equity in Pooled Investments Revenues-Investment Earings 14,100 Richwood Township Record the increase in investments in the general journal. Equity in Pooled Investments Revenues Investment Eamings 12.900 12.900 Record the withdrawl made by Richwood Townships from the pooled investments