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The City of Grinders Creek maintains its books in a manner that facilitates the preparation of fund accounting statements and uses worksheet adjustments to prepare government$-$wide statements.

General fixed assets as of the beginning of the year, which had not been recorded, were as follows:

Land $ $8,500,000$

Buildings $27,600,000$

Improvements Other Than Buildings $24,500,000$

Equipment $11,690,000$

Accumulated Depreciation, Capital Assets $25,800,000$

During the year, expenditures for capital outlays amounted to $$9,000,000.$ Of that amount, $$4,800,000$ was for buildings; the remainder was for improvements other than buildings.

The capital outlay expenditures outlined in $(2)$ were completed at the end of the year $($and will begin to be depreciated next year$).$ For purposes of financial statement presentation, all capital assets are depreciated using the straight$-$line method, with no estimated salvage value. Estimated lives are as follows: buildings, $40$ years; improvements other than buildings, $20$ years; and equipment, $10$ years.

In the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances, the City reported proceeds from the sale of land in the amount of $$600,000.$ The land originally cost $$380,000.$

At the beginning of the year, general obligation bonds were outstanding in the amount of $$4,000,000.$ Unamortized bond premium amounted to $$16,000.$

During the year, debt service expenditures for the year amounted to: interest, $$580,000,$ and principal, $$250,000.$ For purposes of government$-$wide statements, $$1,600$ of the bond premium should be amortized. No adjustment is necessary for interest accrual.

At year$-$end, additional general obligation bonds were issued in the amount of $$6,000,000,$ at par.

Required:

Prepare the journal entries for the worksheet adjustments for each of the above situations.

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