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 Fiduciary Net Position, and
(3) A Statement of Fiduciary Net Position for the year ended December 31, 2017?

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Trial Balance December 31, 2017 Accrued Interest Receivable Cash Accounts Payable Contributions Employee Contributions Employer Deductions: Benefit Payments Deductions: Administrative Expense Increase in Fair Value of Investments Debits Credits $ 15,500 10,200 $1.500 355,000 628,000 588,000 27,300 359,000 75,000 154,300 nvestmen t Income-Interest Income ate Bonds rate Stocks 1,222,000 2,272,000 650,000 Investments-U.S. Treasury Securities Fiduciary Net Position Restricted- for other 3,427,200 postemployment benefits Receivables-Employee Receivables-Employer 25,000 190,000 $5,000,000 $5,000,000