Following are the preclosing fund trial balances as of December 31, 2013, for Oliver's Place, an NFPO. (The trial balances are based on the transactions contained in P12- 3.) Prepare a statement of activities for the year ended December 31, 2013; also prepare a statement of financial position as of December 31,2013.

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Restricted Current Fund Debit Credit Cash Temporarily restricted support-contributions Temporarily restricted asset reclassifications out-satisfaction of 14,000 $17,000 3,000 $17,000 program restrictions $17,000 Endowment Fund Debit Credit $47,000 Investments Permanently restricted support-contributions Pcrmanently restricted losscs unrcalized invectmcnt losscs $50,000 3,000 50,000 $50,000