The city of Waterman esteblished a capital projects fund for the construction of an access romp from the parking garage to the city's office buliding to be used by individuals with disabilities. The estimated cost of the ramp is $225,000. On January 1,202, a 8 percent. $159,000 bond issue was sold at 104 with the premium transferted to the debt service fund. At that date, the county board provided a $66,000 grant. After a period of negotiation, the city council awarded a construction contract for $176,000 on April 5.202. The ramp was completed on August 8,20X2; its actual cost was $186,000. The city council approved payment of the total actual cost of $186,000. In addition to the $186,000, the ramp was carpered with all-weather material at a cost of $19,500.0 N November 3,202. the city council gave the final approval to pay for the ramp and the carpeting After all bills were paid, the remaining fund balance was transferred to the debt service fund. Required: a. Prepare entries for the capital projects fund for 202 (If no entry is required for a transaction/event, select "No journal entry required" in the first account field,) Journal entry worksheet 56 Record the sale of $159,000 bonds at 104 on 202. Note: Enter debits before credits. Journal entry worksheet Record the entry to establish the contract payable for the walkway. Note: Enter debits before credits. Journal entry worksheet 123456 Record the payment of the contract payable and vouchers payable. Note: Enter debits before credits. Journal entry worksheet 1 2 3 4 5 8 Record the entry to establish vouchers payable for the added carpeting. Note: Enter debits before credits. Journal entry worksheet 12 3 6 Record the entry to assign funds to the contract. Note: Enter debits before credits. Journal entry worksheet Record the closing entry to transfer out against the unassigned fund balance. Note: Enter debits befare credits. Journal entry worksheet