On July 1, 2014, Duchy County receives a $500,000 contribution from the local chapter of Homeless No More. A trust agreement specifying that the income from the contribution be distributed each May 15 to the downtown homeless shelter accompanies the contribution. The principal amount is intended to remain intact indefinitely. The following transactions related to the contribution occur during the fiscal year:

1. On September 1, the county invests the contribution in bonds, which yield 4.5 percent annually (payable on March 1 and September 1).

2. On March 1, the county receives the first interest payment.

3. On May 15, the county distributes the interest to the homeless shelter.

4. On June 30, the county closes its accounts

Required:

Prepare a statement of fiduciary net position and a statement of changes in fiduciary net position for this private-purpose trust fund at June 30, 2015.