On january 2, 2021, the street improvement bond debt service fund budget for 2021 was legally adopted. the budget should provide for estimated property tax revenue of $640,000, of which $120,000 will be invested to accumulate resources over the next four years for the $500,000 principal that will be due for payment on january 1, 2025, for the 2.5% deferred serial bonds. the budget should include estimated investment earnings of $3,000 during 2021. property tax revenues are intended to pay $50,000 interest due during 2021 on the 2.5% deferred serial bonds (due january 1 and july 1), as well as the $82,500 interest payment that will be due on the 2.75% serial bonds on july 1, 2021. the property tax levy will also provide resources to pay interest of $107,500 due on january 1, 2022 ($25,000 interest on the 2.5% deferred serial bonds and $82,500 on the 2.75% serial bonds). no premium or accrued interest on bonds sold is included in the 2021 estimated other financing sources or estimated revenues. if the street improvement debt service fund does receive such items, they will be invested and used for eventual bond redemption or interest payments, and the budget will be amended accordingly to reflect such items. required: record the budget for fy 2021 in the general journals for the street improvement bond debt service fund. [as a reminder, you should make journal entries for fy 2021 only in the debt service fund, ignoring any entries for governmental activities at the government-wide level for any other fuestimated revenues 640,000 est. revenues - investment earnings 3,000 appropriations fund balance