The city of St. John operates an investment trust fund for neighboring governments, including St John County and the Independent school district . Assume the investment trust fund began the year 2020 with investments in US government securities totaling $1.200,000, no liabilities, and Restricted Net Position of $1,200,000 1. The county and school district deposited $3,200,000 in the Investment pool. 2 The Investment trust fund invested $1,000,000 in corporate bonds and $2.200.000 in US government securities. 3. Interest received by the investment trust fund totaled $50,000 for the year. 4. At year-end, the fair value of the corporate bonds had increased by $5,000. 5. The eamings of the fund (there are no expenses) are allocated among the accounts of the participating governments. 6. Throughout the year, the participating governments withdrew $3,020,000 of funds from the investment trust fund. Assume that an equal amount of short-term investments were converted to cash as they matured. Required: a. Record the above transactions in the books of the investment pool b. Prepare a Statement of Changes in Fiduciary Net Position for the investment pool for the year ended June 30, 2020. Complete this question by entering your answers in the tabs below. Required A Required Record the above transactions in the book of the investment pool. (If no entry is required for a transaction/event, select "Ne Journal Entry Required in the first account field View transaction Journal entry worksheet 1 2 3 4 5 6 7 > TA RAR