The County of Grover received a gift of $825,000 from a local resident on May 1, 2023 and signed an agreement that the funds would be invested permanently and that the income would be used to maintain the Elmo Park. The following transactions occurred during 2023.

(a) The gift was recorded on May 1.

(b) On June 1, 2023, Sunnyday Corporate Bonds were purchased in the amount of $800,000, at par. The bonds carry an annual interest rate of 4 percent, payable semiannually on December 1 and June 1.

(c) On December 1, the semiannual interest was received.

(d) On December 1, $12,400 was paid to Cookie Monster lawn service company.

(e) On December 31, an accrual was made for interest.

(f) Also, on December 31, a reading of the financial press indicated that Sunnyday bonds had a fair value of $826,000, exclusive of accrued interest.

Required: Record the transactions on the books of the Elmo Park Fund.