The following information pertains to Frogville's construction and financing of a new administration building: Estimated total cost of project $9,000,000 Project financing State entitlement grant $3,000,000 General obligation bonds Face amount $6,000,000 Stated interest rate 6% Issue date December 1, Year 4 Maturity date November 30, Year 14 Frogville uses encumbrance accounting for budgetary control. Unencumbered appropriations lapse at the end of the year. During Frogville's year ended June 30, Year 5, the following events occured that affect the capital projects fund established to account for this project: July 1, Year 4 -- The capital projects fund borrowed $300,000 from the general fund for preliminary expenses. July 9, Year 4 -- Engineering and planning costs of $200,000, for which no encumbrance had been recorded, were paid to Sneep Associates. December 1, Year 4 -- The bonds were sold at 101. Total proceeds were retained by the capital projects fund. December 1, Year 4 -- The entitlement grant was formally approved by the state, and all eligibility requirements were met. April 30, Year 5 -- A $7,000,000 contract went into effect with Cap Construction, Inc., the general contractors, for the major portion of the project. The contract provides that Frogville will hold 4% of all billings pending satisfactory completion of the project. May 9, Year 5 -- $1,000,000 of the state grant was received. June 10, Year 5 -- The $300,000 borrowed from the general fund was repaid. June 30, Year 5 -- Progress billing of $1,200,000 was received from Cap Construction. For each of these transactions, prepare the proper journal entry for the administration building capital projects fund. To prepare each required journal entry: Click on a cell in the Account Name column and select from the option list the appropriate account. An account may be used once, more than once, or not at all. Enter the corresponding debit or credit amount in the associated column. Round all amounts to the nearest whole number. Not all rows in the table might be needed to complete each journal entry. If no journal entry is needed, check the “No entry required” box at the top of the table as your response.