Following are several transactions involving a university.

in the current fiscal year, the university was notified by the federal government that next fiscal year it would receive a $580,000 grant for wetlands research.

the university received a $600,000 endowment.

for the fiscal year, the university recorded $2,900,000 in tuition and fees revenue. cash refunds of $378,000 were given.

the university provided $14,700 in tuition waivers for students with outstanding academic performance.

during the year, the university constructed a new street, to allow for the expansion of its student housing efforts. the cost of the street was $2,375,000.

the biology department spent $30,000 on wetlands research.

at year-end, $2,000 of estimated uncollectible tuition and fees was recorded.

required:

prepare journal entries to record the foregoing transactions, assuming the university is a private institution.
prepare journal entries to record the foregoing transactions, assuming the university is a public institution.