The County of Boonsville operates a jail, and some inmates work in the jail, for which they are com- pensated. Their earnings are deposited into an account established and held by the County in the name of individual inmates. Families of the inmates also can deposit monies into an inmates account. The inmates can use the funds in their accounts to purchase items from the commissary or order certain items, such as magazines or books, from outside vendors. Any balance remaining in the account of an inmate is paid to him/her upon release from jail. The following are selected transactions incurred dur- ing calendar year 2022 that are related to the fund. Prepare the journal entries necessary to record these transactions on the books of the County of Boonsville Jail Custodial Fund. Also, prepare a statement of changes in fiduciary net position for the fiscal year ending December 31, 2022, and a statement of fiduciary net position as of December 31, 2022. (Assume that inmates had a balance of $4,200 in their individual accounts and no liabilities existed in the fund on January 1, 2022. Also, assume that all pur- chases by inmates are considered distributions to inmates.)

1. The County deposits $22,000 in inmate accounts during the year.

2. Family members contribute an additional $8,000 to inmate accounts during the year.

3. Inmates purchase $14,000 of goods from the commissary during the year.

4. Inmates make purchases of $16,000 from outside vendors during the year.

5. Inmates that are released close accounts that have a balance of $3,200 during the year.