The following are the trial balances for the fiduciary funds administered by the City of Mariville as of its year-end June 30, 2023. The net position amounts provided are as of the beginning of the fiscal year, July 1, 2022. Only those amounts that must be reported in the fiduciary fund financial statements are included in the trial balances.

Required

a. Prepare the statement of changes in fiduciary net position for the year ended June 30, 2023.

b. Prepare the statement of fiduciary net position as of June 30, 2023.

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Pension Trust Fund Cash and cash equivalents Receivables Investments (at fair value) Net position-Restricted for pensions Additions-Employer contributions Additions-Member contributions Additions-Investment income Deductions-Administrative expenses and other Deductions-Pension benefits Total Private-Purpose Trust Fund Cash and cash equivalents Receivables Accounts payable Net position-Restricted for other purposes Additions-Donations Additions-Investment income Deductions Administrative expense and other Total Debits $ 1,479,147 141,227 43,358,783 156,357 2,457,082 47,592,596 141,955 54,182 32,477 228,614 Credits $41,123,848 2,606,709 709,784 3,152,255 47,592,596 1,992 164,082 49,560 12,980 228,614