The following information relates to the Town of Leeville for the fiscal years ending 9/30/15 and 9/30/16.
Following is selected information from the Statement of Net Position prepared for the Towns Water and Sewer Utility Fund for the year ended 9/30/15.
1. Cash and investments	$	1,200,000
2. Restricted cash and investments		1,600,000
3. Accounts receivable customers		350,000
4. Unbilled water and sewer revenues		200,000
5. Property, plant and equipment
a. Land		350,000
b. Buildings		1,000,000
c. Water Plant		4,000,000
d. Sewer Plant		6,000,000
e. Water Lines		10,000,000
f. Sewer Lines		13,000,000
g. Machinery and equipment		500,000
h. Construction in progress sewer plant upgrade		500,000
6. Accumulated depreciation		13,000,000
7. Accounts payable		500,000
8. Liabilities payable from restricted assets customer deposits		300,000
9. Accrued interest payable		275,000
10. Accrued salaries and benefits		200,000
11. Bonds payable current portion		750,000
12. Bonds payable long-term portion		20,000,000
13. Net position
a. Net investment in capital assets		1,600,000
b. Restricted - unspent bond proceeds sewer plant upgrade		1,300,000
c. Unrestricted		775,000
The following transactions occurred in the Towns Water and Sewer Utility Fund during the fiscal year ending 9/30/16.
14. Water and sewer revenues billed to customers throughout the year	$	5,500,000
15. Salaries and benefits paid throughout the year	$	2,125,000
16. Operating expenses paid throughout the year	$	400,000
17. General/administrative expenses paid throughout the year	$	125,000
18. Investment income received during the year unrestricted investments	$	35,000
19. Investment income received during the year restricted investments	$	10,000
20. Recorded estimated depreciation based on actual from prior year	$	1,400,000
21. Completed the sewer treatment plant upgrades in progress 9/30/15	$	1,310,000
22. Paid interest on bonds	$	1,100,000
23. Paid principal on bonds	$	750,000
24. Paid Accounts Payable at 9/30/15	$	500,000
25. Information about water and sewer billings for October and November 2016
a. Amounts billed
i. 10/1/16 for water and sewer service 8/11/16 - 9/10/16	$	110,000
ii. 10/15/16 for water and sewer service 8/25/16 - 9/24/16	$	90,000
iii. 11/1/16 for water and sewer service 9/11/16 - 10/13/16	$	125,000
iv. 11/15/16 for water and sewer service 9/25/16 10/27/16	$	115,000
26. Interest incurred but not paid on bonds payable	$	250,000
27. Accrued salaries and benefits incurred but unpaid at 9/30/16	$	75,000
28. Unrealized gains due to increase in fair value of unrestricted investments	$	10,000
29. Actual depreciation expense	$	1,500,000

What are the journal entries for these transactions, and what are the ending balances for each of the accounts affected for the end of the fiscal year?