How do I close the books on above problem? I just need an answer for #4. Thanks

HARBENTON LIBRARY DISTRICT GOuernmental Funds Balance Sheet As of December 31, 2017 Special General Fund Total Reuenue Fund Assets Cash and cash equivalents 12,58 126,00 138,588 Inuertories 6,158 6,15 Receivables (net) Taxes receivable 96,580 96,588 Due from general fund 7,8 7,788 2,28 Total assets 228,658 24,85 Liabilities Accounts payable 4, 86,575 9,575 Due to special reuenue fund 7,788 7,7e Total liabilities 94,275 4,e 98,275 Fund balance Nonspendable (inuertories) Restricted for other purposes 6,125 6,125 16,280 16,288 unassigned 128,259 128,258 150,575 Total fund balance 134,375 16,288 28,28 248,858 Total liabilities and fund balance 228,658 Addtlonal Informatlon: a. Capltal assets (net of accumulated depreclatlon) amounted to $326,500 at year-end. b. The liability for lang-term compensated absences Is estimated to be $87.075 at year-end. c. Long-term notes payable amounted to $223,250 at year-end. Prepare a combined Governmental Funds Balance Sheet/Statement of Net Positlon. (Amounts to be deduct a minus sign.) Beachfront property owners of the Town of Eden Beach requested a seawall be constructed to protect their beach. The seawall was financed through a note payable, which was to be repaid from taxes raised through a special assessment on their properties The Town guarantees the debt and accounts for the special assessment through a debt service fund. Assume the special assessments were levied in 2016, recording a special assessment receivable and deferred inflovw in the amount of $462,000. One- thid of the assessment is to be collected each year and used to pay the interest and principal on the note Record the following transactions that occurred in 2017: 1. June 30, $154,000 of the assessments became due and currently receivable. (Hint: The special assessment tax is recorded as revenue in the debt service fund when it becomes due.) 2. July 31, the $154,000 was collected 3. September 30, interest of $23,100 and principal of $130,900 were paid 4. December 31, the books were closed HARBENTON LIBRARY DISTRICT GOuernmental Funds Balance Sheet As of December 31, 2017 Special General Fund Total Reuenue Fund Assets Cash and cash equivalents 12,58 126,00 138,588 Inuertories 6,158 6,15 Receivables (net) Taxes receivable 96,580 96,588 Due from general fund 7,8 7,788 2,28 Total assets 228,658 24,85 Liabilities Accounts payable 4, 86,575 9,575 Due to special reuenue fund 7,788 7,7e Total liabilities 94,275 4,e 98,275 Fund balance Nonspendable (inuertories) Restricted for other purposes 6,125 6,125 16,280 16,288 unassigned 128,259 128,258 150,575 Total fund balance 134,375 16,288 28,28 248,858 Total liabilities and fund balance 228,658 Addtlonal Informatlon: a. Capltal assets (net of accumulated depreclatlon) amounted to $326,500 at year-end. b. The liability for lang-term compensated absences Is estimated to be $87.075 at year-end. c. Long-term notes payable amounted to $223,250 at year-end. Prepare a combined Governmental Funds Balance Sheet/Statement of Net Positlon. (Amounts to be deduct a minus sign.) Beachfront property owners of the Town of Eden Beach requested a seawall be constructed to protect their beach. The seawall was financed through a note payable, which was to be repaid from taxes raised through a special assessment on their properties The Town guarantees the debt and accounts for the special assessment through a debt service fund. Assume the special assessments were levied in 2016, recording a special assessment receivable and deferred inflovw in the amount of $462,000. One- thid of the assessment is to be collected each year and used to pay the interest and principal on the note Record the following transactions that occurred in 2017: 1. June 30, $154,000 of the assessments became due and currently receivable. (Hint: The special assessment tax is recorded as revenue in the debt service fund when it becomes due.) 2. July 31, the $154,000 was collected 3. September 30, interest of $23,100 and principal of $130,900 were paid 4. December 31, the books were closed