The following information applies to the questions displayed below.]

The Town of Elizabeth operates an old train station as an enterprise fund. The train station is on the national register of historic buildings. Because the town has held the building for such a long time, the Central Station Fund has no long-term debt. The only capital assets recorded by the Central Station Fund are machinery and equipment. Businesses and individuals rent space in the building for private events, and the town provides all services related to the operation and maintenance of the building. Following is information related to the funds operating activities.

Rental income of $94,564 was accrued based upon reservations.

Cash in the amount of $90,326 was received on accounts.

Cash expenses for the period included administrative services, $25,237; maintenance and repairs, $72,974; and utilities, $30,156.

The Central Station Fund was awarded a $10,800 grant for historic preservation. All eligibility requirements were met within the year, but the cash had not been received at year-end. The grant is considered operating revenue.

The Central Station Fund received a $68,000 transfer of funds from the General Fund.

An adjusting entry was made for depreciation of $3,523.

At the end of the period, nominal accounts were closed.

Prepare general journal entries to record the Central Station Funds operating activities for the year