Presented below is the pre-closing trial balance for the Retiree Health Benefit Plan of the Alger County School District.

Prepare
(1) The year-end closing entries,
(2) A Statement of Changes in Plan Net Assets, and
(3) A Statement of Plan Net Assets for the year ended December 31,2012.

Debits Trial Balance -December 31, 2012 Accrued Interest Receivable Cash Accounts Payable Credits 5 10,200 15,500 5 1,500 328,000 659,000 Contributions-Employer Deductions: Benefit Payments Deductions: Administrative Expense Increase in Fair Value of Investments Investment Income-Dividends 272,000 2,300 375,000 55,000 127,300 Investments-Corporate Bond:s Investments- Corporate Stocks Investments-U.S. Treasury Securities Net assets held in trust-for other 1227,000 2,523,000 650,000 3,454,200 post employment benefits Receivables Employee Receivables Employer 100,000 200,000 $5,000,000