The year-end pre-closing trial balance for the Woodland Park Capital Projects Fund is provided below. Cash Grant Receivables Investments Contracts Payable Contracts Payable-Retained Percentage Encumbrances Outstanding Revenues Encumbrances Construction Expenditures Other Financing Sources-Proceeds of Bonds Debits $ 727,000 500,000 1,000,000 1,375,000 3,650,000 Credits $1,008,500 61,500 1,375,000 607,000 4,200,000 $7,252,000 $7,252,000 Required a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. b. Prepare the year-end balance sheet. Assume that all fund balances are restricted. c. Has the capital project been completed?

The year-end pre-closing trial balance for the Woodland Park Capital Projects Fund is provided below Required a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund b. Prepare the year-end balance sheet. Assume that all fund balances are restricted c. Has the capital project been completed