The following transactions relate to the general fund of the city of buffalo falls for the year ended december 31, 2017: beginning balances were: cash, $93,000; taxes receivable, $189,500; accounts payable, $52,250; and fund balance, $230,250. the budget was passed. estimated revenues amounted to $1,230,000 and appropriations totaled $1,227,400. all expenditures are classified as general government. property taxes were levied in the amount of $915,000. all of the taxes are expected to be collected before february 2018. cash receipts totaled $885,000 for property taxes and $297,500 from other revenue. contracts were issued for contracted services in the amount of $95,250. contracted services were performed relating to $85,500 of the contracts with invoices amounting to $83,900. other expenditures amounted to $963,500. accounts payable were paid in the amount of $1,092,500. the books were closed. required: a. prepare journal entries for the above transactions. b. prepare a statement of revenues, expenditures, and changes in fund balance for the general fund. c. prepare a balance sheet for the general fund assuming there are no restricted or assigned net resources and outstanding encumbrances are committed by contractual obligation.