Question: When a city issues general obligation bonds with a face value of $10,000,000 for $10,500,000 and incurs $100,000 of bond issue costs to finance construction

When a city issues general obligation bonds with a face value of $10,000,000 for $10,500,000 and incurs $100,000 of bond issue costs to finance construction of a major general government capital asset, how is this presented in the Capital Projects Fund Statement of Revenues, Expenditures, and Changes in Fund Balance?

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