please answer in the given format, and use commas and dollar sign in each figure,

Modied approachInfrastructure asset reporting The city of Wesley adopted the modied approach for reporting its roads and bridges. The city met the GMP requirements for having an asset management system, making periodic assessments, and estimating the annual amount needed to maintain the reads and bridges. The following information is available: 1. At December 31. 21121, the city's infrastructure assets had an acquisition value of $1 Lo. Because the city retroactively adopted the modified approach] no accumulated depreciation is reported. 2. The city had $1,345,0 of preservation expenditures in 3322. 3. The city paid $25,000 to contractors in ZUEE to add two additional lanes to its 49th Street bridge. a. Preparejou rnal entries to record the above transactions and events in the city's governmental funds. If no entry is necessary, select 'hlo debit [or credit} entry needed' In the account elds and enter D in the amount elds. Account Debit Credit 1. To record pre-2022 acquisition value of infrastructure assets. 2. To record cost of infrastructure preservation in 2022. 3. To record cost of bridge improvements in 2022. b. Prepare journal entries to record entries needed for government-wide statements. If no entry is necessary, select 'No debit (or credit) entry needed' in the account fields and enter 0 in the amount fields. Account Debit Credit 1. To record pre-2022 acquisition value of infrastructure assets. 2. To record cost of infrastructure preservation in 2022. v 3. To record cost of bridge improvements in 2022