The following relate to grants that the town of College Hills received from the state during its fiscal year ending December 31, 20x1. Prepare journal entries to record the grant. A cash grant of $200,000 that must be used to repair roads a. Dr. Grant Revenue $200,000 Cr. Cash $200,000 b. Dr. Cash $200,000 Cr. Grant Revenue $200,000 c. Dr. Cash $200,000 Cr. Deferred inflow of resources (state grant) $200,000 d.Dr. Deferred inflow of resources (state grant) $200,000 Cr. Cash $200,000