$[$The following information applies to the questions displayed below.$]$

Following is Grant County$$s debt service fund pre$-$closing trial balance for the fiscal year ended June $30.$

GRANT COUNTY

Debt Service Fund

Pre$-$closing Trial Balance

June $30$

Debits Credits

Cash $ $236,000$

Investments $64,000$

Fund Balance$$Restricted $ $65,200$

Budgetary Fund Balance $?$

Estimated Other Financing Sources $6,668,000$

Estimated Revenue $2,641,300$

Revenue$$Sales Taxes $1,385,800$

Revenue$$Investment Earnings $13,000$

Other Financing Sources$$Interfund Transfers In $124,000$

Other Financing Sources$$Proceeds of Refunding Bonds $7,470,000$

Estimated Other Financing Uses $7,470,000$

Appropriations $1,288,000$

Expenditures$$Bond Interest $438,000$

Expenditures$$Bond Principal $850,000$

Other Financing Uses$$Payment to Escrow $7,470,000$

Assuming the budget was not amended, what was the budgetary journal entry recorded at the beginning of the fiscal year? $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field$)$

What is the budgetary fund balance?

Did the debt service fund pay debt obligations related to lease agreements?

Yes

No

Did the debt service fund perform a debt refunding?

Yes

No