Moving to another question will save this response. Question 2 Question 2 of 41>> 4.5 points Save Answer A city receives a grant from the state to help pay for the construction of a new fire station. An eligibility requirement is that the city must incur eligible construction expenditures on the fire station. The state sends the city $2,800,000 prior to the city beginning construction on the fire station. What journal entry should the city make to record the receipt of $2,800,000 from the state in the Capital Projects Fund? Cash 2,800,000 Construction contracts payable 2,800,000 0 Cash 2,800,000 Advance on construction grant 2,800,000 O No entry is necessary because the city has not yet begun construction Cash 2,800,000 Revenues--construction grant 2,800,000 Moving to another question will save this response. DELL Question 2 of 41 F1 F3 F4 144 F5 F6 F7 FB F9 F10 F11 F12 PrtScr Insert Delete PgUp PgDn M P # 1 2 3 $ % ^ & ( 4 5 6 7 8 9 0 OWERTYUIOP Backspace Num Lock 7