The Village of Hawksbill issued $$5,800,000$ in $5$ percent general obligation, tax$-$supported bonds on July $1,2019,$ at $101.$ A fiscal agent

is not used. Resources for principal and interest payments are to come from the General Fund. Interest payment dates are December

$31$ and June $30.$ The first of $20$ annual principal payments is to be made June $30,2020.$ Hawksbill has a calendar fiscal year.

A capital projects fund transferred the premium $($in the amount of $$58,000)$ to the debt service fund.

On December $31,2019,$ funds in the amount of $$145,000$ were received from the General Fund and the first interest payment was

made.

The books were closed for $2019.$

On June $30,2020,$ funds in the amount of $$377,000$ were received from the General Fund, and the second interest payment

$($$$145,000)$ was made along with the first principal payment $($$$290,000).$

On December $31,2020,$ funds in the amount of $$137,750$ were received from the General Fund and the third interest payment was

made $($also in the amount of $$137,750).$

The books were closed for $2020.$

Required:

a$.$ Prepare journal entries to record the events above in the debt service fund.

b$.$ Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the debt service fund for the year ended

December $31,2019.$

c$.$ Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the debt service fund for the year ended

December $31,2020.$

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Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the debt service fund for the year ended

December $31,2019.$