The town of oceanview budgeted $500,000 for the purchase of two fully equipped fire trucks during the fiscal year ended Dec 31 year 1. The town issued a purchase order for the acquisition of both trucks for a total ofr $480,000 on Feb 1 year 1 and accepted delivery of one of the trucks, valued at $280.000 on March 31, year 1. as a result of this delivery of one of the ordered vehicles, he town of oceanview general fund would record it journal entry as?