Use the information below to answer the questions.

The City of Kensington is in the process of refurbishing an old train station that is deemed a historical property and must be preserved to the standards of the era. The City is retooling the train station to accommodate the new technology developed for high-speed rail travel.

The total project cost is $33 million and is expected to be funded by 1/3 bond financing, 1/3 transfer from the general fund, and 1/3 funded by a federal grant award designed for refurbishing historic buildings.

All construction will be accounted for in the Railway District Capital Projects Fund.

Prepare the entry for the budget in the Capital Projects Fund. 1 entry

The City signs a contract for $23,000,000 for Railway Renovations, Inc. for part of the total project costs. 1 entry

The City orders supplies from Ceilings and Floors, Inc. for the construction project amounting to $1,250,000 for lighting fixtures, and $1,000,000 for flooring in one big purchase order. Due to items going on sale, invoices related only to the lighting fixtures are subsequently received and paid for $1,100,000. We have not been invoiced for the flooring project yet. 3 entries

The City pays Railway Designs, Inc. $750,000 for architectural services. This item was not previously encumbered. 1 entry

The General Fund transfers its portion of the project cost to the Capital Projects Fund. This transfer has not been previously accrued. 1 entry

The City bills the Capital Projects Fund for a reimbursement for inspections on the electrical work conducted by city electrical engineers whose salaries are paid for out of the general fund. The bill is $15,000 and "due to" journal entry needs to be prepared for this interfund activity in the capital projects fund. 1 entry

All the work is completed on the $23,000,000 contract let to Railway Renovations, Inc. Railway Renovations bills the City for the contract minus 10% retention. 2 entries