The pre-closing trial balance of Excel Private College has the following balances: Debit Credit Expenses-Research 840,000 200,000

The pre-closing trial balance of Excel Private College has the following balances:

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Debit Credit Expenses-Research 840,000 200,000 200,000 325,000 300,000 350,000 575,000 . .. Expenses-Operation and Maintenance of Plant . . + ·····.. . . . . . . . Reclassifications Out-Temporarily Restricted- 75,000 250,000 50,000 Reclassifications Out-Temporarily Restricted- Satisfaction of Equipment Acquisition Restrictions . . Reclassifications Out-Temporarily Restricted- . . . .. .. 2,500,000 365,000 700,000 150,000 300,000 Other Investment Income- Unrestricted Sales and Services of Auxiliary Enterprises .. . . Reclassifications In-Unrestricted-Satisfaction of . . . 75,000 Reclassifications In-Unrestricted -Satisfaction of Equipment Acquisition Restrictions .. . Reclassifications In-Unrestricted-Expiration of ._ . . 250,000 50,000 100,000 15,000 500,000 Net Realized Gains on Endowment- 25,000 675,000 975,000 2,500,000 Temporarily Restricted Net Assets, January 1, 2018. .. . . . . Permanently Restricted Net Assets, January 1, 2018. . . . .. . . . . .