The following budgets in during both Capital Project and Debt Service Funds were approved for the year 2019. City of Jerusalem decides to build a bridge at a cost of $40,000,000 and Includes the project in its 2019 capital budget. Financing For 13 the project consists of a general obligation bond issue for $30,000,000, and $10,000,000 expenditure-driven grant from the state. The bond will be issued on January 2, 2019; it provides for semiannual interest payments of (annual rate 8%) on July 1 and 19 December 31, Also, they expect to pay $4,000 as broker fees. Debt Service Fund will finance all of its operations using a transfer from the general fund for $2,500,000. 25 Journalize the budget entries for Capital Project and Debt Service Funds, Finish at