The pre-closing trial balance for the Chance County Woodland Park Capital Projects Fund is provided below. Debits Credits Cash $ 869,000 Grant Receivables 670,000 Investments 1,300,000 Contract Payable $ 1,442,000 Contract Payable Retained Percentage 70,000 Encumbrances Outstanding 1,800,000 Revenues 777,000 Encumbrances 1,800,000 Construction Expenditures 4,500,000 Other Financing Sources Proceeds of Bonds 5,050,000 $ 9,139,000 $ 9,139,000 Required a. Prepare the June 30, 2017, statement of revenues, expenditures, and changes in fund balances for the capital projects fund.