Astate constructs an office building. the construction is financed with: (1) a transfer of $1 million from the general fund; (2) a grant of $2 million from the federal government; (3) bond proceeds of $7 million; and (4) earnings of $100,000 from temporary investment of bond proceeds. all transactions occur in one year. how much should be reported as other financing sources in the capital projects fund?

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